IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO
RESOLUTION NO. 2024-XXX
RESOLUTION to REALLOCATE AND OBLIGATE $1,558,231.85 of AMERICAN RESCUE PLAN ACT (ARPA) FUNDS WHEREAS, on March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA), providing a COVID-19 stimulus package delivering significant resources to state, local, territorial, AND Tribal governments to support urgent COVID-19 response efforts; and WHEREAS, the City developed a COVID-19 Recovery Plan for its $18.6M allocation to provide needed resources to help residents and businesses recover from the combined health, social, and economic impacts of the COVID-19 pandemic; and WHEREAS, ARPA Funds must be spent or obligated by December 31, 2024. If obligated, generally defined by the US Treasury as under contract, by December 31, 2024, agencies have until December 31, 2026, to incur the costs. Funds that are not obligated by December 31, 2024 and subsequently spent by December 31, 2026 need to be returned to the US Treasury; and WHEREAS, the City Council Finance Committee reviewed the draft proposed reallocations of the currently unobligated amounts on November 20, 2024, and recommended City Council approval of reallocation.
NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:
That the proposed budget and contract adjustments to the Recovery Plan are approved.
Introduced by _______________ and passed and adopted this 9th day of December 2024 by the following vote:
AYES: ()
NOES: ()
ABSENT: ()
ATTEST:
Kelly B. Clancy, CMC
City Clerk
RESOLUTION NO. 2024-XXX 1