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HomeMy WebLinkAboutR-21-0268City of Miami Legislation Resolution: R-21-0268 File Number: 9247 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 6/24/2021 A RESOLUTION OF THE MIAMI CITY COMMISSION ACCEPTING SIXTY- EIGHT MILLION EIGHT HUNDRED NINETEEN THOUSAND SEVEN HUNDRED EIGHT DOLLARS AND FIFTY CENTS ($68,819,708.50) FROM THE FEDERAL GOVERNMENT AND CREATING A SPECIAL REVENUE FUND FOR THE AMERICAN RESCUE PLAN FUNDS ("FUNDS") TO BE ALLOCATED AT A FUTURE CITY COMMISSION MEETING, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE SUCH FUNDS FOR SAID PURPOSE. WHEREAS, on March 11, 2021, President Joseph R. Biden signed the American Rescue Plan, H.R. 1319 ("American Rescue Plan"), into law; and WHEREAS, the American Rescue Plan is a historic emergency financial relief and investment package that addresses the unprecedented public health and economic crisis of the novel coronavirus pandemic; and WHEREAS, on June 7, 2021, the United States Department of the Treasury ("Treasury") allocated to the City of Miami ("City") the first of two (2) expected allocations in the amount of $68,819,708.50 ("Funds") pursuant to the American Rescue Plan; and WHEREAS, the City expects to receive a second allocation of funds from the Treasury next year at approximately the same time of year and in approximately the same dollar amount; and WHEREAS, the City's Administration recommends the acceptance of the Funds which are to be allocated at a future City Commission meeting; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The acceptance of the Funds from the Federal Government and the creation of a special revenue fund for said Funds, which are to be allocated at a future City Commission meeting, subject to all federal, state, and local laws that regulate such Funds, is authorized.' ' The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to those prescribed by applicable City Charter and City Code provisions. City of Miami Page 1 of 2 File ID: 9247 (Revision:) Printed On: 711212021 File ID: 9247 Enactment Number: R-21-0268 Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: 1 i " 4naindez, ity ttor ey 6/15/2021 2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File ID: 9247 (Revision:) Printed on: 711212021