Title
Resolution to Approve the Reallocation of American Rescue Plan Act (ARPA) Funds and to Appropriate $1,706,046.00 of Major Grant Funds to the Barton Embankment Project (8 Votes Required)
Memorandum
Attached for your review and approval, please find a resolution to approve the reallocation of $1,706,046.00 of American Rescue Plan funding.
The City of Ann Arbor was awarded $24,182,630.00 in federal American Rescue Plan Act (ARPA) funds. City Council directed the City Administrator to prepare a compliant plan for allocating the funding. This plan was approved by City Council via #R-22-096, which presented a compliant project plan for the funding. This plan was modified on several occasions to meet requirements of the funding, which included "obligation" of funding by December 31, 2024, and expense of the funds by December 31, 2026.
An obligation is defined as "an order placed for property and services and entering into contracts, subawards, and similar transactions that require payments." Due to various complications, the full obligation requirements were unable to be met on three projects prior to the established deadline. This resolution will reallocate the unobligated funding of these three projects to an existing executed contract/agreement on an ARPA eligible project, the Barton Dam Embankment Project.
Budget/Fiscal Impact: The ARPA funding allocation on the Barton Dam Embankment project will be increased by $1,706,046 for a total of $3,706,046. A corresponding reduction in the original General Fund allocation ($4,000,000.00) for the Barton Dam project will be reallocated to the following three projects to complete them as originally planned: Miller Avenue Rehabilitation project (Vision Zero Implementation); the Universal Basic Income project and the Emergency Operations Center project.
Staff
Prepared by: Marti Praschan, Interim Deputy City Administrator
Kimberly Buselmeier, Interim Chief Financial Officer
Reviewed by Michelle Landis, Se...
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