I-3 - Resolution 2023-012 - Designating APRA Funds

RESOLUTION NO. 2023-012 A RESOLUTION APPROVING THE DESIGNATION OF THE AMERICAN RESCUE PLAN ACT (ARPA) FUNDING FOR THE CITY OF TIFFIN WHEREAS, the US Federal Government has provided American Rescue Plan Act (ARPA) funding to support the recovery of municipalities from the impact of the coronavirus pandemic; and, WHEREAS, the Final Rules have been established and the City of Tiffin has received $621,566.88; and, WHEREAS, the use of the funds have been categorized into four key eligible use categories as designated in the ARPA legislation, of which, one category is Water, Sewer and Broadband Infrastructure; and, WHEREAS, the City of Tiffin has until December 31, 2024, to obligate these funds to project(s); and has until December 31, 2026, to expend these funds; and, WHEREAS, the City of Tiffin will be letting the Potter Creek Interceptor Sewer Project at its March 7, 2023, council meeting; and, WHEREAS, the Tiffin City Council desires to spend the ARPA funds on the interceptor sewer project; and, WHEREAS, the use of the ARPA funds towards the interceptor sewer project will allow the City flexibility in repurposing existing funds earmarked for the project and potentially reducing future borrowing, NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Tiffin, Iowa, by the approval of this resolution will designate the ARPA funds to the Potter Creek Interceptor Sewer Project and also directs City Staff to submit any required annual reporting by the deadlines, for this project. On the 7th day of February, at a regular meeting of the Tiffin City Council, Tiffin, Iowa, Councilperson _____ introduced RESOLUTION NO. 2023-012, A RESOLUTION APPROVING THE DESIGNATION OF THE AMERICAN RESCUE PLAN ACT (ARPA) FUNDING FOR THE CITY OF TIFFIN and made a motion for approval. Motion seconded by Councilperson _____. Ayes: Nays: Absent: Whereupon _____ Council members were present and voted approval and Mayor Berner declared that the RESOLUTION NO. 2023-012, A RESOLUTION APPROVING THE DESIGNATION OF THE AMERICAN RESCUE PLAN ACT (ARPA) FUNDING FOR THE CITY OF TIFFIN to be adopted and signified his approval of the same by affixing his signature thereto. Passed by the City Council on the 7th day of February, 2023.