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Proposed Resolution - ARPA Final Adjustments

Stockton City Council
October 30, 2024

Document
Proposed Resolution - ARPA Final Adjustments
Meeting
October 30, 2024
Body
Stockton City Council
Original file
40 KB
Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

Resolution No.

STOCKTON CITY COUNCIL

ADOPT A RESOLUTION APPROVING RECOMMENDED FINAL ADJUSTMENTS TO THE AMERICAN RESCUE PLAN ACT PROGRAMS AND PROJECTS The American Rescue Plan Act (ARPA) established the Coronavirus State Fiscal Recovery Fund and Coronavirus Local Fiscal Recovery Fund (CLFRF), which provides a combined $350 billion in assistance to eligible state, local, territorial, and Tribal governments to support COVID-19 economic recovery efforts. Of the $350 billion, $19.53 billion was allocated to non-entitlement units of local government, ultimately allocating $78,052,072 to the City of Stockton based on the City’s 2019 Census data. The Treasury’s intended goal is to provide substantial flexibility for each government to meet local needs – including support for households, small businesses, impacted industries, essential workers, and the communities hit hardest by the COVID-19 public health crisis. These funds can also be used to make necessary investments in water, sewer, and infrastructure. Funding objectives include relief to:

Support urgent COVID-19 response efforts to continue to decrease the spread of the virus and bring the pandemic under control; Replace lost revenue for eligible governments to strengthen support for vital public services and help retain jobs; Support immediate economic stabilization for households and businesses; and Address systemic public health and economic challenges that have contributed to the inequal impact of the pandemic; and Local governments received funds in two tranches. Half of the funding, or $39,026,036, was received by the City on June 1, 2021, with the balance arriving in July 2022. Funds must be obligated by December 31, 2024. The period for performance ends December 31, 2026; and
The City of Stockton approved its initial spending plan on September 14, 2021, and has conducted public workshop meetings on February 16, 2022, February 22, 2023, and February 28, 2024. As the deadline to obligate approaches, staff is recommending the following final adjustments to the budget and spending plan to ensure timeliness with the program guidelines; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF STOCKTON, AS FOLLOWS:

1. The City Council approves the recommended final adjustments to the American Rescue Plan Act Programs and Projects:

Allocate $2,000,000 to support Banner Island Ballpark upgrades Allocate $2,558,000 to purchase and install four emergency generators for New City Hall Increase the allocation for the Animal Shetler Facilities Upgrade project by $462,072 Allocate $500,000 to the Northeast Stockton Library and Community Center project The City Council authorizes the City Manager to take necessary and appropriate actions to carry out the purpose and intent of this resolution.

PASSED, APPROVED, and ADOPTED October 30, 2024 .

KEVIN J LINCOLN II
Mayor of the City of Stockton
ATTEST:
_______

KATHERINE ROLAND, CMC, CPMC
Interim City Clerk of the City of Stockton

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