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City Council Resolution 2022-135CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2022-135 ALLOCATION OF CORONAVIRUS LOCAL FISCAL RECOVERY FUND ESTABLISHED UNDER THE AMERICAN RESCUE PLAN ACT FUNDS TO CERTAIN USES WHEREAS, Congress adopted the American Rescue Plan Act in March 2021 ("ARPA") which included $65 billion in recovery funds for cities across the country, WHEREAS, ARPA funds are intended to provide support to state, local, and tribal governments in responding to the impact of COVID-19 and in their efforts to contain COVID-19 in their communities, residents, and businesses; and, WHEREAS, city revenues, businesses and nonprofits in the city have faced economic impacts due to the Pandemic; and, WHEREAS, the City of Monticello has been awarded $1,462,814.50 in ARPA Funding allocation along with an additional redistribution of $47,903.14 for a total of $1,510,717.64; and, WHEREAS, the Finance Director as Chief Financial Officer of Monticello signed the Coronavirus State and Local Fiscal Recovery Funds Terms and Conditions Form and the Assurances of Compliance with Title VI of the Civil Rights Act of 1964 Form from the U.S. Department of Treasury on 6/16/2021 in order to receive the funds; and, WHEREAS, the United States Department of Treasury has adopted guidance regarding the use of ARPA funds; and, WHEREAS, the City, in response to the Pandemic, has had expenditures consistent with the Department of Treasury's ARPA guidance. NOW, THEREFORE, BE IT RESOLVED that the Monticello City Council designates $385,717.65 of ARPA funds, under the allowable use of revenue replacement, shall be allocated for the provision of services at the Monticello Community Center in the fiscal year 2022. Approved by the City Council of Monticello, Minnesota this 12th day of December, 2022. Lloyd Hilgart, Mayor ATTEST: J nnifer hr er, City Clerk