HomeMy WebLinkAboutResolution No. 2021-47KENAI
CITY OF KENAI
RESOLUTION NO. 2021-47
Sponsored by: Administration
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ACCEPTING
CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS AWARD TO NON -
ENTITLEMENT UNITS OF LOCAL GOVERNMENT FROM THE STATE OF ALASKA
DEPARTMENT OF COMMERCE, COMMUNITY AND ECONOMIC DEVELOPMENT.
WHEREAS, the City of Kenai wishes to provide Coronavirus State and Local Fiscal Recovery
Funds for the citizens and community of Kenai; and,
WHEREAS, the City of Kenai General Fund revenue budget as adopted and amended on January
27, 2020 was $15,551,129.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA:
Section 1. The City of Kenai has read and agrees to the federal guidance pertaining to the
Recovery Funds, and accepts the Recovery Funds from the State of Alaska Department of
Commerce, Community and Economic Development.
Section 2. That the City Manager is hereby authorized to negotiate and execute any and all
documents required for issuing and managing funds on behalf of the City and is also authorized
to execute subsequent amendments to said agreement, based upon the needs of the project.
Section 3. That this resolution takes effect immediately upon passage.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 7'h day of July, 2021
ATTEST:
Jamie einz, MMC, City Clerk
V
Approved by Finance:
MAYORBRIAN GABRIEL, SR.,
KENA/
K E N A I
City of Kenai 1 210 f-idalgo Ave, Kenai, AK 99611-7794 1907.283.7535 I wwwIenaixity
MEMORANDUM
TO:
Mayor Gabriel and Council Members
THROUGH:
Paul Ostrander, City Manager
FROM:
Terry Eubank, Finance Director
DATE:
March 31, 2021
SUBJECT:
Resolution 2021-47
The State of Alaska is requiring municipalities to approve a resolution in substantially the same
form as Resolution 2021-47 for receipt of Coronavirus State and Local Government Recovery
Funds. Resolution 2021-47 will authorize the City Manager to negotiate and execute any and all
American Rescue Plan Act (ARPA) documents required for issuing and managing the funds on
behalf of the City and is also authorized to execute subsequent amendments to said agreement,
based upon the needs of the project. The City of Kenai is considered a Non -Entitlement Unit
(NEU) and the act requires the funds for NEU's to be paid to the State and then distributed to
each NEU based upon its population. Each NEU's share cannot exceed 75% of its most recent
adopted budget as of January 27, 2020. Latest estimates are for the City to receive
$1,884,549.24, in two payments of $942,274.62, which is less than 75% of the City's most recent
adopted budget as of January 27, 2020.
US Treasury guidance requires the State to distribute the funds within 30 days to NEU's. This
Resolution only authorizes acceptance of the funds allowing the State to meet the distribution
requirement. Once the City has received an official grant offer from the State of Alaska
Department of Commerce, Community and Economic Development an Ordinance will be
introduced to appropriate the funds. No funds may be spent until this Ordinance is adopted.
Your support for adoption of Resolution 2021-47 is respectfully requested.