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21-104/12-22 Accept Redistribution of Coronavirus Recovery Fund Under ARPADocuSign Envelope ID: 1DA87CA8-E466-4731-8506-9A559F37E283 RESOLUTION NO. 21-104 RESOLUTION ACCEPTING THE REDISTRIBUTION OF UNREQUESTED CORONAVIRUS LOCAL FISCAL RECOVERY FUND ESTABLISHED UNDER THE AMERICAN RESCUE PLAN ACT (ARPA) WHEREAS, Congress adopted the American Rescue Plan Act in March 2021 ("ARPA") which included $65 billion in recovery funds for cities across the country; and 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, The Fiscal Recovery Funds provides for $19.53 billion in payments to be made to States and territories which will distribute the funds to nonentitlement units of local government (NEUs); and WHEREAS, NEUs generally have populations below 50,000; and WHEREAS, The ARPA requires that States and territories allocate funding to NEUs in an amount that bears the same proportion as the population of the NEU bears to the total population of all NEUs in the State or territory; and WHEREAS, after the deadline of October 11, 2021, passed for NEUs to request ARPA funds, nearly $12 million of the $377 million available to Minnesota's NEUs remained unrequested; and WHEREAS, as allowed by the U.S. Treasury, the State of Minnesota has redistributed these remaining funds amongst eligible local governments who requested ARPA funds; and WHEREAS, $37,919.86 has been allocated to the City of Golden Valley ("City") pursuant to the ARPA (Redistribution); and WHEREAS, the Redistribution will be distributed in two tranches with half received in 2021 and the second half in 2022. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that grant funds will be used for those allowed expenditures by the US Treasury. Adopted by the City Council of Golden Valley, Minnesota this 21s' day of December 2021. Signed byn �LL� ctrned : NAYYIS Shepard M. Harris, Mayor ATTEST: LT. Theresa Sc yma, City Clerk