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Item C19 C.19 i�` CountCounty ��Monroe. ,y, ? "tr, BOARD OF COUNTY COMMISSIONERS y M T� \�1a� Mayor Michelle Coldiron,District 2 �1 1 nff `_ll Mayor Pro Tem David Rice,District 4 -Ile Florida.Keys Craig Cates,District 1 Eddie Martinez,District 3 w Mike Forster,District 5 County Commission Meeting June 16, 2021 Agenda Item Number: C.19 Agenda Item Summary #3331 BULK ITEM: Yes DEPARTMENT: Budget and Finance TIME APPROXIMATE: STAFF CONTACT: Janet Gunderson (305) 292-4470 No AGENDA ITEM WORDING: Approval for the Director of Budget and Finance to serve as the Authorized Representative for the American Rescue Plan (ARP) Act of 2021. The Authorized Representative will have the responsibility to electronically sign and submit documents in the U.S. Department of Treasury grant portal for the Coronavirus State and Local Fiscal Recovery Funds. ITEM BACKGROUND: The American Rescue Plan (ARP)was passed by Congress on March 10, 2021 and signed into law on March 11, 2021. ARP will deliver $350 billion for eligible state, local, territorial, and Tribal governments to respond to the COVID-19 emergency to help bring back jobs, address pandemic's economic fallout, and lay the foundation for a strong, equitable recovery. The legislation includes $65.1 billion in direct, flexible aid to every county in America, as well as other crucial investments in local communities. Monroe County will receive $14,417,919 with an initial disbursement of$7,208,959.50 and the balance will be disbursed one-year from the first disbursement. PREVIOUS RELEVANT BOCC ACTION: None CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: FINANCIAL IMPACT: Effective Date: 03/03/2021 Expiration Date: Obligated by 12/31/2024/Work Complete by 12/31/2026 Total Dollar Value of Contract: $14,417,919 Packet Pg.693 C.19 Total Cost to County: $0 Current Year Portion: $7,208,959.50 Budgeted: No Source of Funds: Federal/U.S. Department of the Treasury CPI: N/A Indirect Costs: N/A Estimated Ongoing Costs Not Included in above dollar amounts: N/A Revenue Producing: No If yes, amount: N/A Grant: American Rescue Plan (ARP) County Match: None Insurance Required: N/A Additional Details: None REVIEWED BY: Christine Limbert Completed 05/28/2021 1:19 PM Tina Boan Completed 05/28/2021 1:22 PM Liz Yongue Completed 06/01/2021 9:43 AM Board of County Commissioners Pending 06/16/2021 9:00 AM Packet Pg.694