Title
Resolution authorizing an emergency appropriation totaling $490,000 of Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) as part of the American Rescue Plan Act (ARPA) for rehabilitation costs associated with the preservation of affordable rental housing in Mundelein and Lake Zurich and $5,000 for the State's Attorney's Office's video storage conversion project.
Staff Summary
* The ARPA was signed into law on March 11, 2021 and Lake County received approximately $135,293,758 from the US Treasury.
* The funds can be used for needs associated with public health, to counteract negative economic impacts, provide services to disproportionately impacted communities, for infrastructure, to provide premium pay, to replace lost revenue, and for administrative purposes during a period from March 3, 2021 to December 31, 2026.
* The affordable housing project was previously appropriated funds for acquisition. Additional appropriation is necessary for rehabilitation costs related to the preservation of affordable rental housing in Mundelein and Lake Zurich.
* Likewise, at the time of agreement it was determined that the State's Attorney's Office's video storage conversion project requires an additional $5,000 based on additional storage requirements.
* Authority to spend appropriated funds and execute any and all agreements with partners related to this allocation and distribution of Coronavirus State and Local Fiscal Recovery Funds is delegated to the County Administrator or their designee(s).
Body
RESOLUTION
WHEREAS, Lake County has received $135,293,758 of American Rescue Plan Act (ARPA) funds from the federal government to help Lake County recover from and respond to the negative impacts caused by this and future pandemics; and
WHEREAS, the funds are required to be spent in accordance with US Treasury guidance on expenses related to Public Health, to combat negative economic impacts, to provide services to disproportionately impacted communities, to...
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