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21-040/06-01 Accept COVID-19 Recovery Fund (MISSING EXHIBIT A)DocuSign Envelope ID: 8D4DAE45-305D-43B 1 -9220-01 D8F1 E34FBA RESOLUTION NO.21-40 RESOLUTION TO ACCEPT THE CORONAVIRUS LOCAL FISCAL RECOVERY FUND ESTABLISHED UNDER THE AMERICAN RESCUE PLAN ACT WHEREAS, since the first case of coronavirus disease 2019 (COVID-19) was discovered in the United States in January 2020, the disease has infected over 32 million and killed over 575,000 Americans ("Pandemic"). The disease has impacted every part of life: as social distancing became a necessity, businesses closed, schools transitioned to remote education, travel was sharply reduced, and millions of Americans lost their jobs; WHEREAS, as a result of the Pandemic cities have been called on to respond to the needs of their communities through the prevention, treatment, and vaccination of COVID-19. WHEREAS, city revenues, businesses and nonprofits in the city have faced economic impacts due to the Pandemic. 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. WHEREAS, the MN COVID-19 Response Accountability Office will allocate to the City of Golden Valley ("City") pursuant to the ARPA ("Allocation") on or after June 11, 2021. The Exhibit A will be attached once received. WHEREAS, the United States Department of Treasury has adopted guidance regarding the use of ARPA funds. WHEREAS, the City, in response to the Pandemic, has had expenditures and anticipates future expenditures consistent with the Department of Treasury's ARPA guidance. WHEREAS, the State of Minnesota will distribute ARPA funds to the City because its population is less than 50,000. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GOLDEN VALLEY, MINNESOTA AS FOLLOWS: 1. The City intends to collect its share of ARPA funds from the State of Minnesota to use in a manner consistent with the Department of Treasury's guidance. DocuSign Envelope ID: 8D4DAE45-305D-43B1-9220-01D8F1E34FBA 2. City staff, together with the Mayor and the City Manager are hereby authorized to take any actions necessary to receive the City's share of ARPA funds from the State of Minnesota for expenses incurred because of the Pandemic. 3. City staff, together with the Mayor and the City Manager are hereby authorized to make recommendations to the City Council for future expenditures that may be reimbursed with ARPA funds. Adopted by the City Council of Golden Valley, Minnesota this 1' day of June, 2021. Fs DuSigned by: x6A far', At. Hams Shepar arris, Mayor ATTEST: FT DmuSigned by: Sc11(91" Theresa c yrria, City Clerk DocuSign Envelope ID: 8D4DAE45-305D-43B1-9220-01D8F1E34FBA EXHIBIT A Attach Letter from MN COVID-19 Response Accountability Office of Award