Loading...
HomeMy WebLinkAboutPre-LegislationCity of Miami Legislation Resolution: R-21-0352 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 10620 Final Action Date: 9/13/2021 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING $137,639,417 IN AMERICAN RESCUE PLAN FUNDS ("FUNDS") FOR THE PURPOSES SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, PROVIDED THAT THE CITY RECEIVES AND ACCEPTS AN ADDITIONAL ALLOCATION OF $68,819,708.50 IN AMERICAN RESCUE PLAN FUNDS FROM THE UNITED STATES DEPARTMENT OF THE TREASURY IN THE YEAR 2022 AS DESCRIBED HEREIN; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS FOR SAID PURPOSE. SPONSOR(S): Mayor Francis X. Suarez WHEREAS, on March 11, 2021, President Joseph R. Biden signed the American Rescue Plan Act of 2021 ("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 ("COVID-19") pandemic; and WHEREAS, on June 7, 2021, the United States Department of the Treasury ("Treasury") provided $68,819,708.50 ("Initial Allocation") to the City of Miami ("City") pursuant to the American Rescue Plan; and WHEREAS, on June 24, 2021, the City accepted the Initial Allocation from the Treasury pursuant to Resolution No. R-21-0268; and WHEREAS, the City is expected to receive an additional allocation of $68,819,708.50 in American Rescue Plan funds from the Treasury in the year 2022 ("Balance") for a total amount of $137,639,417.00 in American Rescue Plan funds ("Total Amount of Funds"); and WHEREAS, the City's Administration recommends the allocation of the Total Amount of Funds in accordance with Exhibit "A," attached and incorporated, provided that the City receives and accepts the Balance in the year 2022; 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. City of Miami Page 1 of 2 File ID: 10620 (Revision: A) Printed On: 10/14/2021 File ID: 10620 Enactment Number: R-21-0352 Section 2. The allocation of the Total Amount of Funds for the purposes specified in Exhibit "A," attached and incorporated, is authorized, provided that the City receives and accepts the Balance in the year 2022.1 Section 3. The City Manager is authorized' to negotiate and execute any and all necessary documents, including amendments, extensions, and modifications, all in forms acceptable to the City Attorney, subject to all federal, state, and local laws that regulate the use of such funds for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: 1 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 2 File ID: 10620 (Revision: A) Printed on: 10/14/2021