HomeMy WebLinkAbout2021 14_Coronavirus Local Fiscal Recovery FundsCITY OF OWASSO, OKLAHOMA
RESOLUTION 2021 -14
A RESOLUTION CONCERNING CORONAVIRUS LOCAL FISCAL RECOVERY
FUNDS FOR NON - ENTITLEMENT UNITS OF GOVERNMENT (AMERICA RESCUE PLAN
ACT, ARPA FUNDS), AUTHORIZING THE ACCEPTANCE OF THE FUNDS, THE
APPROPRIATE BUDGET AMENDMENTS, AND THE EXECUTION OF ALL NECESSARY
AGREEMENTS AND RELATED DOCUMENTS
WHEREAS, the City of Owasso has been designated as a recipient Coronavirus Local Fiscal
Recovery Funds for Non - Entitlement Units of Government (ARPA Funds.
WHEREAS, the City of Owasso will be required to budget said funds and to account for all
expenditures in accordance with applicable federal guidelines.
WHEREAS, authorization for the execution of all necessary agreement and related
documents will expedite the receipt and expenditure of funds.
WHEREAS, a budget amendment is necessary to properly account for the funds.
WHEREAS, approval of the documents associated with the funds is in the best interest of
the citizens of the City of Owasso.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OWASSO,
OKLAHOMA, THAT:
The City of Owasso approves acceptance of the ARPA funds and acknowledges
all expenditures must be in accordance with all ARPA guidelines and
compliance requirements.
The City of Owasso authorizes the Mayor /Manager /Clerk to sign all necessary
budget attestations, award terms and conditions, assurances of compliance,
reports and all other necessary agreements and related documents related to the
award of funds.
3. The City of Owasso authorizes a FY 2021 -2022 General Fund budget amendment
to increase estimated revenues and the appropriation for expenditures by
$3,454,737.
PASSED AND APPROVED on the 191h day of October, 2021.
APPRO ED AS TO FORM:
Juli ombardi, City Attorney
TO: The Honorable Mayor and City Council
FROM: Linda Jones -Holt, Finance Director
APPROVED BY COUNCIL
OCT 19 2021
SUBJECT: Resolution 2021 -14, Acceptance of American Rescue Plan Act (ARPA), COVID -19
funds
DATE: October 15, 2021
BACKGROUND:
The City is expecting to receive up to $6,454,737 from the Federal Government in ARPA, COVID-
19 funds. As a recipient of Local Fiscal Recovery Funds, the City will be required to use the
awarded funds for projects and investments that fit into one of the following categories:
1. To make necessary investments in water, sewer, or broadband infrastructure;
2. To respond to the COVID -19 public health emergency or its negative economic impacts;
3. To respond to workers performing essential work during the COVID -19 public health
emergency providing premium pay to such eligible workers of the recipient, or by
providing grants to eligible employers that have eligible workers who performed essential
work; and
4. For the provision of government services, to the extent of the reduction in revenue of
such is due to the COVID -19 public health emergency, relative to revenues collected in
the most recent fiscal year of the recipient prior to the emergency.
As reported to City Council in the December 31, 2020, utility rate study, the following major water
and sewer capital projects are needed within the next five years:
Coffee Creek Lift Station and Force Main Improvements
• 117th Street Force Main Improvements
• Rehabilitation of Elm Creek Concrete Line
• Ranch Creek Interceptor Upgrade from East 96 +h Street North to East 116th Street
North
• Wastewater Treatment Plant and Main Plant Lift Station Expansion Project
These projects would be eligible for expenditure under the ARPA program. The FY 2021 -2022
Budget includes $3 million for first -year ARPA funds. In order to expend the additional ARPA
COVID -19 funds awarded of $3,454,737, a General Fund budget amendment is needed to
transfer the total awarded grant funds to the Owasso Public Works Authority for expenditure on
eligible water and sewer projects.
RECOMMENDATION:
Staff recommends approval of Resolution 2021 -14, authorizing the acceptance and
appropriation of funds awarded under the Coronavirus Local Fiscal Recovery Act (ARPA).
ATTACHMENT:
Resolution 2021 -14