5.10.
CC Regular Session
- Meeting Date:
- 07/28/2020
- By:
- Diana Lund, Finance
Information
Title
Adopt Resolution #20-157 Accepting Coronavirus Relief Funds from State of Minnesota and Certifying That it Will Honor All Commitments and Maintain Required Information and Documentation.
and
Adopt Resolution #20-158 Allocating Coronavirus Aid, Relief, and Economic Security Act Funds (Known as CARES Act Funds) to Economic Recovery Activities
and
Adopt Resolution #20-159 Allocating Coronavirus Aid, Relief, and Economic Security Act Funds (Known as CARES Act Funds)
to Local Government Activities.
and
Adopt Resolution #20-158 Allocating Coronavirus Aid, Relief, and Economic Security Act Funds (Known as CARES Act Funds) to Economic Recovery Activities
and
Adopt Resolution #20-159 Allocating Coronavirus Aid, Relief, and Economic Security Act Funds (Known as CARES Act Funds)
to Local Government Activities.
Purpose/Background:
The City has received $2,038,029 in CARES Act Funding from the Federal Government through the State of Minnesota in response to the COVID-19 Public Health Emergency. The CARES Act funds are considered Federal Assistance that is subject to Single Audit Requirements.
The CARES Act provides that payments from the Fund may only be used to cover costs that
1. Are necessary expenditures incurred due the the public health emergency with respect to the Coronavirus Disease 2019
(COVID-19).
2. Were not accounted for in the budget most recently approved as of March 27, 2020 (the date of enactment of the CARES
Act) for the City; and
3. Were incurred during the period that begins on March 1, 2020 and ends on November 15, 2020.
The attached resolutions:
#20-157: Accept the CARES Act Funds
#20-158: Allocate $215,000 of CARES Act Funds to a Business Relief Grant Program
(Acceptance of this Program and Guidelines are outlined in the next agenda item)
#20-159: Allocating $1,823,029 of Cares Act Funds to the Local Government for expenditures related to:
Reimbursing City staff costs, facility modifications, telework support and other costs. The CARES Act Fund allows
local government to reimburse themselves for costs that were not included in the most recent budget that was adopted
or that were budgeted but have been incurred for a substantially different use from what was intented as a result of the
COVID-19 public health emergency. The CARES Act presumes for administrative convenience that the total payroll
costs for public health and public safety employees are payments for services substantially dedicated to mitigating
or responding to the COVID--19 public health emergency.
Any adjustments to the cost allocations noted in the attached resolutions related to the Business Relief Grant Program and Local Government expenditures will be made by Resolution at a future City Council meeting.
The CARES Act provides that payments from the Fund may only be used to cover costs that
1. Are necessary expenditures incurred due the the public health emergency with respect to the Coronavirus Disease 2019
(COVID-19).
2. Were not accounted for in the budget most recently approved as of March 27, 2020 (the date of enactment of the CARES
Act) for the City; and
3. Were incurred during the period that begins on March 1, 2020 and ends on November 15, 2020.
The attached resolutions:
#20-157: Accept the CARES Act Funds
#20-158: Allocate $215,000 of CARES Act Funds to a Business Relief Grant Program
(Acceptance of this Program and Guidelines are outlined in the next agenda item)
#20-159: Allocating $1,823,029 of Cares Act Funds to the Local Government for expenditures related to:
Reimbursing City staff costs, facility modifications, telework support and other costs. The CARES Act Fund allows
local government to reimburse themselves for costs that were not included in the most recent budget that was adopted
or that were budgeted but have been incurred for a substantially different use from what was intented as a result of the
COVID-19 public health emergency. The CARES Act presumes for administrative convenience that the total payroll
costs for public health and public safety employees are payments for services substantially dedicated to mitigating
or responding to the COVID--19 public health emergency.
Any adjustments to the cost allocations noted in the attached resolutions related to the Business Relief Grant Program and Local Government expenditures will be made by Resolution at a future City Council meeting.
Notification:
The city received the $2,038,029 in CARES Act Funding on July 2, 2020.
Observations/Alternatives:
Alternative #1: Accept the CARES Act Funds in the amount of $2,038,029 and the respective uses of Economic Recovery (Business Relief Grant Program) and Local Government Expenditures.
Alternative#2: Do not Accept the CARES Act Funds int he amount of $2,038,029.
Alternative#2: Do not Accept the CARES Act Funds int he amount of $2,038,029.
Funding Source:
CARES Act Funds will be used as detailed in the respective resolutions. Category amounts are subject to change and will be amended when actual expenditures are known. (Prior to November 15, 2020).
Recommendation:
Staff recommends acceptance of the CARES Act Funds and the allocation of said funds.
Action:
Motion to Adopt Resolution #20-157 Accepting Coronavirus Relief Funds from State of Minnesota and Certifying That it Will Honor All Commitments and Maintain Required Information and Documentation.
and
Adopt Resolution #20-158 Allocating Coronavirus Aid, Relief, and Economic Security Act Funds (Known as CARES Act Funds) to Economic Recovery Activities
and
Adopt Resolution #20-159 Allocating Coronavirus Aid, Relief, and Economic Security Act Funds (Known as CARES Act Funds)
to Local Government Activities.
and
Adopt Resolution #20-158 Allocating Coronavirus Aid, Relief, and Economic Security Act Funds (Known as CARES Act Funds) to Economic Recovery Activities
and
Adopt Resolution #20-159 Allocating Coronavirus Aid, Relief, and Economic Security Act Funds (Known as CARES Act Funds)
to Local Government Activities.
Attachments
- Reso #20-157: Accept CARES Act Funds
- Reso #20-158: CARES Fund Allocation to Eoncomic Recovery (Business Assistance)
- Reso #20-159: CARES Act Fund Allocation to Local Government Activities
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 07/23/2020 02:17 PM |
- Form Started By:
- Diana Lund
- Started On:
- 07/22/2020 01:41 PM
- Final Approval Date:
- 07/23/2020