Loading...
HomeMy WebLinkAboutR-23-0174City of Miami Resolution R-23-0174 alldl 11 li.Rl I + Legislation File Number: 13486 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 4/13/2023 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), RECOGNIZING FISCAL YEAR ("FY") 2019-2020 AND FY 2020-2021 REVENUE LOSS CALCULATIONS AND ALLOCATING AND APPROPRIATING AMERICAN RESCUE PLAN ACT OF 2021 ("ARPA") FUNDS IN A TOTAL AMOUNT NOT TO EXCEED $72,740,742.84, IN ACCORDANCE WITH EXHIBIT "D," ATTACHED AND INCORPORATED, SUBJECT TO ANY AND ALL APPLICABLE FEDERAL, STATE OF FLORIDA ("STATE"), AND LOCAL LAWS, RULES AND REGULATIONS; AUTHORIZING THE CITY MANAGER TO ALLOCATE AND APPROPRIATE FUNDS AS IDENTIFIED IN EXHIBIT "D," ATTACHED AND INCORPORATED, SUBJECT TO ANY AND ALL APPLICABLE FEDERAL, STATE, AND LOCAL LAWS, RULES AND REGULATIONS; AUTHORIZING THE CITY MANAGER TO MAKE ANY CHANGES TO ADJUST, AMEND, AND APPROPRIATE THE CITY OF MIAMI'S OPERATING BUDGET, FIVE-YEAR FINANCIAL PLAN, STRATEGIC PLAN, AND MULTI -YEAR CAPITAL PLAN, AS NECESSARY AND APPLICABLE, PURSUANT TO THE PROVISIONS OF THIS RESOLUTION, RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY THE CITY MANAGER AND THE DESIGNATED CITY DEPARTMENTS TO UPDATE THE RELEVANT FINANCIAL CONTROLS, PROJECT CLOSE-OUTS, ACCOUNTING ENTRIES, AND COMPUTER SYSTEMS IN CONNECTION HEREWITH. WHEREAS, on March 11, 2021, President Joseph R. Biden signed the American Rescue Plan Act of 2021 ("ARPA") into law; and WHEREAS, ARPA is a historic emergency financial relief and investment package that addresses the unprecedented public health and economic crisis resulting from the Novel Coronavirus ("COVID-19") pandemic; and WHEREAS, the Secretary of the United States Department of the Treasury ("Treasury") issued the final rule (31 CFR Part 35) to implement the Coronavirus State Fiscal and Local Fiscal Recovery Funds ("ARPA Funds") established under the American Rescue Plan ("Final Rule"); and WHEREAS, the Final Rule establishes the guidance and eligible uses of the ARPA Funds; and WHEREAS, the ARPA funds may be used for the provision of government services to the extent of the reduction in the City of Miami's ("City") general revenue due to the public health emergency; and City of Miami Page 1 of 3 File ID: 13486 (Revision:) Printed On: 412512023 File ID: 13486 Enactment Number: R-23-0174 WHEREAS, on September 13, 2021, pursuant to Resolution No. R-21-0352, the City made an initial estimated revenue loss calculation prior to the issuance of the Final Rule and additional guidance from Treasury; and WHEREAS, the City has made updated revenue loss calculations based on the Final Rule and additional guidance provided by the Treasury; and WHEREAS, for Fiscal Year ("FY") 2019-2020 ("FY 2020"), revenue loss is calculated at $69,659,199.00, attached and incorporated as Exhibit "A"; and WHEREAS, for FY 2020-2021 ("FY 2021"), revenue loss is calculated at $93,989,727.00, attached and incorporated as Exhibit "B"; and WHEREAS, the City's ARPA Consultant, Atkins, member of the SNC-Lavalin Group, or its successor ("ARPA Consultant"), has reviewed the FY 2020 and FY 2021 revenue loss calculations and determined that the calculations are in accordance with the Final Rule and Treasury's guidance, attached and incorporated as Composite Exhibit "C"; and WHEREAS, the City Administration recommends recognizing the FY 2020 and FY 2021 revenue loss calculations in a total amount of $72,740,742.84, in accordance with Exhibit "D," attached and incorporated; and WHEREAS, the City Administration further recommends that allocations and appropriations as identified in Exhibit "D," attached and incorporated, be authorized, subject to any and all applicable Federal, State of Florida ("State"), and local laws, rules and regulations; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF 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 City Commission recognizes FY 2020 and FY 2021 revenue loss calculations and allocates and appropriates ARPA Funds in a total amount not to exceed $72,740,742.84, in accordance with Exhibit "D," attached and incorporated, subject to any and all applicable Federal, State, and local laws, rules and regulations. Section 3. The City Manager is authorized' to allocate and appropriate funds as identified in Exhibit "D," attached and incorporated, subject to any and all applicable Federal, State, and local laws, rules and regulations. Section 4. The City Manager is authorized' to make any changes to adjust, amend, and appropriate the City's Operating Budget, Five -Year Financial Plan, Strategic Plan, and Multi - Year Capital Plan, as necessary and applicable, pursuant to the provisions of this Resolution. Section 5. Certain necessary actions by the City Manager and the designated City departments to update the relevant financial controls, project close-outs, accounting entries, and computer systems in connection herewith are hereby ratified, approved, and confirmed. ' 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 2 of 3 File ID: 13486 (Revision:) Printed on: 4/25/2023 File ID: 13486 Enactment Number: R-23-0174 Section 6. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: 1 i ria i endez, City Httor iey 4/412023 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 3 of 3 File ID: 13486 (Revision:) Printed on: 412512023