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HomeMy WebLinkAboutRes2020-051 Sponsored OF SEWARD,ALASKA by: Meszaros SUBSTITUTE RESOLUTION 2020-051 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ACCEPTING $5,324,326 IN CORONAVIRUS RELIEF FUNDS THROUGH THE ALASKA DEPARTMENT OF COMMERCE, COMMUNITY,AND ECONOMIC DEVELOPMENT WHEREAS, the City of Seward is eligible for Coronavirus Relief Funds through the Alaska Department of Commerce, Community, and Economic Development (hereinafter "Department") for costs that are for necessary expenditures incurred due to the public health emergency with respect to the Coronavirus Disease 2019(COVID-19); and WHEREAS, the City of Seward is accepting COVID-19 relief funds in the amount of $5,324,326; and WHEREAS, the City's intent is to use the funds both for necessary City expenditures and to fund grant programs benefiting City for profit and nonprofit businesses and individual City residents. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD,ALASKA that: Section 1. The City Council of the City of Seward, Alaska agrees to accept the Coronavirus relief funds from the Department and to comply with the conditions in the Grant Agreement between the City of Seward and the Department. Section 2.This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 13 th day of July,2020. C F SEWA ASKA risty Te , May AYES: Seese, McClure, Osenga, Baclaan, Butts,Terry NOES: None 111 ABSENT: Crites ABSTAIN: None CITY OF SEWARD, ALASKA SUBSTITUTE RESOLUTION 2020-051 ATTEST: renda J. Ballou, MC City Clerk (City Seal) • I SEAL k • -._ grE .............. e G SUBSTITUTE Agenda Statement Meeting Date: July 13, 2020 To: City Council From: City Manager, Scott Meszaros Agenda Item: Resolution of the City Council of the City of Seward, Alaska accepting $5,324,326 in coronavirus relief funds through the Alaska Department of Commerce, Community, and Economic Development BACKGROUND & JUSTIFICATION: _ In order to stop the spread of the coronavirus (COVID-19), Governor Dunleavy issued many state health mandates that imposed several social and business restrictions in Seward that forced business to close or restrict public access due to social distancing requirements. Because of this, small businesses in Seward are experiencing great economic impacts due to reduced revenue and trade as citizens have been forced to shop online and visit open businesses elsewhere. Now that the State of Alaska has received $562.5 million in federal funding in Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in order to provide direct relief to small businesses impacted by COVID-19, it will allocate a total $5,324,326.00 to The City of Seward in three equal distributions in the amount of$1,470,626.00 upon the council's approval of this resolution. INTENT: To accept the CARES Act funding in the amount of$5,324,326.00 through the Alaska Department of Commerce, Community, and Economic Development CONSISTENCY CHECKLIST: Yes No NIA ......................... 1 Comprehensive Plan X 2 Strategic Plan X 3. Other(list): Emergency Declaration Extension COVID-19 X ATTORNEY REVIEW: X Yes No FISCAL NOTE: The COVID-19 CARES Act funds will be tracked through a separate fund and distributed as outlined by the City's COVID 19 grant program once adopted by City Council. 224 Approved by Finance Department: ctjw �J, RECOlbMENDATION: For Council to approve Resolution 2020- , authorizing The City of Seward to accept $5,324,326.00 from The State of Alaska under the CARES Act. Substitute Agenda Statement for Substitute Resolution 2020-051 225