Title
Resolution approving Amendment Number One to the Lake County CARES Act Funding Plan and authorizing an emergency appropriation and line item transfers of the Coronavirus Aid, Relief, and Economic Security (CARES) Act funds across approved Lake County CARES Act Categories in direct response to the COVID-19 Public Health Emergency.
Staff Summary
* The CARES Act was passed by Congress and signed into law on March 27, 2020. On April 23, 2020, Lake County received $121,539,986.20.
* Funds are required to be used for expenses that: (1) are necessary due to the public health emergency with respect to the Coronavirus Disease 2019 (COVID-19); (2) were not accounted for in Lake County's approved Fiscal Year (FY) 2020 budget; and (3) were incurred during the period March 1, 2020 - December 30, 2020.
* On July 27, 2020, the Lake County CARES Act Funding Plan was approved by the County Board. This is Amendment Number One to that plan.
* To date, $105,000,000 of CARES Act funding has been appropriated and distributed in the approved Lake County CARES Act Categories.
* Authority to spend appropriated funds within CARES Act Categories and execute any and all agreements with partners related to the allocation and distribution of CARES Act funds is delegated to the County Administrator or their designee(s).
* CARES Act budget allocations may be amended with line item transfers between CARES Act Categories as approved by the County Board.
* Any CARES Act funds not spent or encumbered by December 15, 2020 will be re-allocated to the County-wide Essential Service categories.
Body
RESOLUTION
WHEREAS, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress and signed into law on March 27, 2020. Lake County's population over 500,000 resulted in the ability to directly apply for funding. On April 23, 2020, Lake County received $121,539,986.20; and
WHEREAS, these funds are required to be used to cover expenses that: (1) are necessary due to the...
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