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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 7/6/2021 - SECOND READING OF ORDINANCE NO. 079, 2021, MAKING Agenda Item 2 Item # 2 Page 1 AGENDA ITEM SUMMARY July 6, 2021 City Council STAFF Blaine Dunn, Accounting Director SeonAh Kendall, Recovery Manager/Sr. Economic Health Manager Travis Storin, Chief Finance Officer Ryan Malarky, Legal SUBJECT Second Reading of Ordinance No. 079, 2021, Making Supplemental Appropriations of a Portion of the City's American Rescue Plan Act Funding for Local Fiscal Recovery Related to Response to and Recovery From the COVID-19 Pandemic. EXECUTIVE SUMMARY This Ordinance, unanimously adopted on First Reading on June 15, 2021, appropriates $4,217,846 (equivalent to fifteen percent) of the funds the City will receive from the American Rescue Plan Act’s Coronavirus State and Local Fiscal Recovery Fund (“ARPA”). The appropriated amount w ill be used to address immediate and short-term needs in response to the COVID-19 public health emergency and its negative impact to our community’s health, social well-being and economy. STAFF RECOMMENDATION Staff recommends adoption of the Ordinance on Second Reading. ATTACHMENTS 1. First Reading Agenda Item Summary, June 15, 2021 (w/o attachments) (PDF) 2. Ordinance No. 079, 2021 (PDF) Agenda Item 4 Item # 4 Page 1 AGENDA ITEM SUMMARY June 15, 2021 City Council STAFF Blaine Dunn, Accounting Director SeonAh Kendall, Recovery Manager/Sr. Economic Health Manager Travis Storin, Chief Finance Officer Ryan Malarky, Legal SUBJECT First Reading of Ordinance No. 079, 2021, Making Supplemental Appropriations of a Portion of the City's American Rescue Plan Act Funding for Local Fiscal Recovery Related to Response to and Recovery From the COVID-19 Pandemic. EXECUTIVE SUMMARY The purpose of this item is to appropriate $4,217,846 (equivalent to fifteen percent) of the funds the City will receive from the American Rescue Plan Act’s Coronavirus State and Local Fiscal Recovery Fund (“ARPA”). The appropriated amount will be used to address immediate and short-term needs in response to the COVID-19 public health emergency and its negative impact to our community’s health, social wellbeing and economy. STAFF RECOMMENDATION Staff recommends adoption of the Ordinance on First Reading. BACKGROUND / DISCUSSION On March 11, 2021, President Joe Biden signed into law the American Rescue Plan Act of 2021 to support the U.S. recovery from the economic and health effects of the COVID-19 pandemic. ARPA builds upon many of the measures in the CARES Act of March 2020 and the Consolidated Appropriations Act, 2021. On May 10, 2021, the U.S. Department of the Treasury (“Treasury”) announced the launch of the Coronavirus State and Local Fiscal Recovery Fund (“ARPA”), established by the American Rescue Plan Act of 2021, to provide emergency funding for state, local, territorial, and Tribal governments. On May 17, 2021, Treasury issued an interim final rule (“Rule”) establishing a framework for determining the types of programs and services that are eligible for funding under ARPA along with examples of uses that local governments may consider. It should be noted that Treasury is seeking public comment on all aspects of the Rule until July 16, 2021. Staff will monitor for any changes to the Rule as well as any additional regulations or official guidance. ARPA funds provide more flexibility to meet local needs than the CARES Act Coronavirus Relief Fund (“CVRF”) money the City received in 2020. The Rule’s allowable use of ARPA funds include (Attachment 1): Support public health expenditures, by funding COVID-19 mitigation efforts, medical expenses, behavioral healthcare, and certain public health and safety staff; Address negative economic impacts caused by the public health emergency, including economic harms to workers, households, small businesses, impacted industries, and the public sector; ATTACHMENT 1 Agenda Item 4 Item # 4 Page 2 Replace lost public sector revenue, using this funding to provide government services to the extent of the reduction in revenue experienced due to the pandemic; Provide premium pay for essential workers, by offering additional support to those who have borne and will bear the greatest health risks because of their service in critical infrastructure sectors; and Invest in water, sewer, and broadband infrastructure, by making necessary investments to improve access to clean drinking water, support vital wastewater and stormwater infrastructure, and to expand access to broadband internet. The City will receive an allocation of ARPA funds totaling $28,118,971. The City received fifty percent of that allocation ($14,059,486) on May 19, 2021. Staff anticipates the remaining fifty percent will be received in May 2022. On May 25, 2021 at a Council work session, staff discussed with Council the timeline of the City’s recovery plan and ARPA. At the work session, staff recommended that fifteen percent of the total allocated amount of ARPA funds be made available to meet current and short-term needs arising from the pandemic impacts. Councilmembers expressed a willingness to move forward with the recommended 15/85 allocation of ARPA to address current needs while staff continues developing the recovery plan. Adoption of the ordinance will appropriate the fifteen percent of the total ARPA allocation. City staff has identified some current needs for use of the 15% allocation to include, but not be limited to, workforce development business support for disadvantaged businesses, business navigation programs, supportive assistance to those experiencing homelessness, utility, mortgage, and rental assistance for those that do not meet the income qualification requirement for assistance from Neighbor to Neighbor. The pandemic’s impacts have been uneven and uncertain, so the ability to be nimble with the use of the 15% allocation as short- term funds is key. City staff have also identified other needs for the use of the 85% allocation as long-term recovery ARPA funds, including but not limited to, water/sewer infrastructure improvements in low-income areas, affordable housing and childcare, mental health assistance, connectivity (such as sidewalks) in low-income areas and other financial support and expenditures for continued response and recovery from COVID. Council will be able to direct these long-term funds through the Fort Collins Recovery Plan that staff is developing. Consistent with the Council discussion at the May 25th work session, staff will strive to avoid utilizing ARPA funding for budget shortfalls from the 2020 budget cuts and use of reserves. There are several "watch list" Funds for which revenue is particularly strained, including Recreation, Parking, and Self-insurance. It is possible that the 2022 City Manager's Recommended Budget will propose utilizing ARPA funding to address budget shortfalls on a targeted basis, but this will be clearly identified for Council’s consideration. Process for Social and Economic Recovery Grants As subrecipients of the City, eligible organizations and entities will need to apply to the City for awards and meet the same eligibility and intent requirements of ARPA and applicable federal regulations and guidance. Staff is currently awaiting Treasury guidance on requirements for procurement and subrecipient awards. Staff is also currently developing Frequently Asked Questions (FAQs) (Attachment 2) and grant criteria for public release. A Recovery Core Team has been created that will prioritize and provide direction and oversight of the awards and report to Council on grantees and awards. Rental and Utility Assistance As requested by Mayor Pro Tem Gorgol at the May 25th work session, information is provided here regarding other entities’ programs to address housing and utility assistance. Larimer County was awarded an estimated $10,000,000 from the federal Consolidated Appropriations Act (2021) passed on December 2020, which the County intends to use for its Emergency Rental and Utility Assistance Program (“ERAP”). The ERAP is being administered by Neighbor to Neighbor and is currently supporting those households at or below 80% of the area median income. An overview of the ERAP is included with this AIS Agenda Item 4 Item # 4 Page 3 (Attachment 4). Assistance for homeowners and higher income renters is temporarily paused. In addition, the State of Colorado is due to receive an estimated $175,000,000 from the Treasury to support the Homeowner Assistance Fund and an estimated $385,000,000 to support the Emergency Rental Assistance Program. The State is awaiting guidance on the distribution of those funds. Additionally, the City will be receiving approximately $2,600,000 in ARPA funds allocated through the federal HOME Investment Partnerships Program to address some long-term tenant-based rent assistance, development of affordable housing, and other supportive services to serve populations that have greatest risk of housing instability. Staff is awaiting additional guidance specific to the ARPA HOME funds. CITY FINANCIAL IMPACTS Staff will continue to evaluate Treasury guidance as it evolves to determine the best use of the funds. The City will seek to use the funds appropriated here for immediate needs as described above, including for the reimbursement of expenses the City has not yet incurred. Staff plans to use these funds to address immediate and short-term needs in response to the COVID-19 public health emergency. Once the City has finalized a recovery plan, staff will bring an additional appropriation forward for Council’s consideration for the remainder of the ARPA allocation. Of the $28,118,971 in ARPA funds the City has been allocated, the City is appropriating $4,217,846, or fifteen percent, to the General Fund for immediate and short-term needs to address the COVID-19 pandemic impacts. ATTACHMENTS 1. FACT SHEET: The Coronavirus State and Local Recovery Fund (PDF) 2. Frequently Asked Questions: Coronavirus State and Local Fiscal Recovery Fund (PDF) 3. Financial Assistance Agreement (PDF) 4. Larimer County Emergency Rent Assistance Program Overview (PDF) 5. Work Session Summary - City Recovery Plan (PDF) -1- ORDINANCE NO. 079, 2021 OF THE COUNCIL OF THE CITY OF FORT COLLINS MAKING A SUPPLEMENTAL APPROPRIATION OF A PORTION OF THE CITY’S AMERICAN RESCUE PLAN ACT FUNDING FOR LOCAL FISCAL RECOVERY RELATED TO RESPONSE TO AND RECOVERY FROM THE COVID-19 PANDEMIC WHEREAS, in response to the public health emergency resulting from the spread of the Novel Coronavirus 2019 (“COVID-19”), the City Manager proclaimed a local emergency on March 13, 2020, and City Council extended such proclamation with its adoption of Resolution 2020-030; and WHEREAS, on March 11, 2020, President Joseph R. Biden signed the American Rescue Plan Act into law (“ARPA”), which established the Coronavirus Local Fiscal Recovery Fund intended to provide support to local governments in responding to the impact of COVID-19 on their communities, residents, and businesses; and WHEREAS, the U.S. Treasury Department has provided regulatory guidance on how ARPA funds may be used, which includes: supporting public health expenditures; addressing negative economic impacts; replacing lost public sector revenue; providing premium pay for essential workers; and investing in water, sewer and broadband infrastructure; and WHEREAS, the City will be allocated a total amount of $28,118,971, of which the City has received fifty percent or $14,059,485.50, with the remaining fifty percent anticipated to be available in May 2022; and WHEREAS, City staff presented background information about the proposed use of these funds to City Council at a work session on May 25, 2021, including the appropriation of $4,217,846, which is fifteen percent of the total amount allocated to the City, to address current needs of the community consistent with the requirements of ARPA and applicable federal regulations and to support public health expenditures; address negative economic impacts; replace lost public sector revenue; provide premium pay for essential workers; and invest in water, sewer and broadband infrastructure; and WHEREAS, City staff has identified some current needs consistent with U.S. Treasury guidance to include financial support and expenditures for workforce development; business support for disadvantaged businesses; business navigation programs; supportive assistance to those experiencing homelessness; utility, mortgage and rental assistance to those who do not meet the income qualification requirements for assistance from Neighbor to Neighbor or other available programs, and response and recovery expenses of the City and others in the Fort Collins community; and WHEREAS, this appropriation benefits the public health, safety and welfare of the citizens of Fort Collins and serves the public purpose of responding to the immediate and short-term community health, social wellbeing, and economic needs arising from the negative impacts of the COVID-19 public health emergency; and WHEREAS, Article V, Section 9, of the City Charter permits the City Council, upon -2- recommendation of the City Manager, to make supplemental appropriations by ordinance at any time during the fiscal year, provided that the total amount of such supplemental appropriations, in combination with all previous appropriations for that fiscal year, does not exceed the current estimate of actual and anticipated revenues and all other funds to be received during the fiscal year; and WHEREAS, the City Manager has recommended the appropriation described herein and determined that this appropriation is available and previously unappropriated from the General Fund and will not cause the total amount appropriated in the General Fund to exceed the current estimate of actual and anticipated revenues and all other funds to be received in that fund during this fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Council hereby makes and adopts the determinations and findings contained in the recitals set forth above. Section 2. That there is hereby appropriated from unanticipated grant revenue in the General Fund the sum of FOUR MILLION TWO HUNDRED SEVENTEEN THOUSAND EIGHT HUNDRED FORTY-SIX DOLLARS ($4,217,846) for expenditure from the General Fund for supporting public health expenditures, addressing negative economic impacts, replace lost public sector revenue, provide premium pay for essential workers and invest in water, sewer and broadband infrastructure related to response to and recovery from the COVID-19 pandemic, as described in this Ordinance. Introduced, considered favorably on first reading, and ordered published this 15th day of June, A.D. 2021, and to be presented for final passage on the 6th day of July, A.D. 2021. __________________________________ Mayor ATTEST: _______________________________ City Clerk Passed and adopted on final reading on the 6th day of July, A.D. 2021. __________________________________ Mayor ATTEST: _______________________________ City Clerk