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HomeMy WebLinkAbout12142020 LAYDOWN 20-094 CARES Act 1.3 million SUBSTITUTE RES - Baclaan 201214 LAYDOWN - Baclaan Sponsored by: Baclaan Substitute Resolution CITY OF SEWARD,ALASKA RESOLUTION 2020-094 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ACCEPTING CARES ACT GRANT FUNDS IN THE AMOUNT OF $1,336,006 AND DISTRIBUTING 14ALF $1,000,006 TO BUSINESSES THAT RECEIVED ROUND ONE PHASE ONE GRANT FUNDS PREVIOUSLY AND 14ALF $336,000 TO THE SEWARD PREVENTION COALITION FOR THE NEIGHBORS HELPING NEIGHBORS PROGRAM CARES ELIGIBLE CITY OF SEIALARD PAYROLL, AND APPROPRIATING FUNDS WHEREAS, the City recently received $1.4 million in Kenai Peninsula Borough grant funds; and WHEREAS, the City shifted the non-profit grant distributions, including the Alaska SeaLife Center, from the federal grant to the borough grant in order to fully expend the $1.4 million received, and also to follow the allowed expenditures assigned by the borough; what remained in the federal grant was $1,336,006; and WHEREAS, this action opened up federal grant money to Seward that needs to be spent by the end of 2020; and WHEREAS, A.am inistr-ation wishes to h-aA,,e half of this b l anee cee --O City Gler-k Depar-taient for-all the time spent on GOVID 19 matter-s thr-ettghet4 this year-; and WHEREAS, the r-emaining half of the balanee of$668,003 'Will be distr-ibt4ed to Se WHEREAS, this btisitiess gfant alletmetit program will otily allow btisitiesses �ha� h pr-eviettsly appliedbeen aeeepted;n the r-st pr-egr-aarto be eligible; WHEREAS, $1,006,000 will be distributed to Seward businesses who previously received phase one grant funds; and WHEREAS,no further business applications will be accepted; and WHEREAS, the eligible award amounts will use the same qualifying tiers to determine the amount of funds granted to business; and CITY OF SEWARD,ALASKA RESOLUTION 2020-094 WHEREAS,the award amounts are based on 2019 gross sales as follows: Tier 1 - 2019 revenues of$20,000 to $50,000 Tier 2 - 2019 revenues of$50,001 to $100,000 Tier 3 - 2019 revenues of$100,001 to $250,000 Tier 4 - 2019 revenues of$250,001 to $500,000 Tier 5 - 2019 revenues of more than $500,000 and WHEREAS, based on the r-emaining amount of $668,093 $1,000,006 for business allotment, award amounts are as follows: Tier 1 - $64 Tier 2 - $24, 49 Tier 3 - $4-,2-7-7 Tier 4 - $6r,44-5. Tier 5 - $Q,v-Tss WHEREAS, The Seward Prevention Coalition requested a total of $555,000 and was only granted $260,000; and WHEREAS, that left a variance of$295,000; and WHEREAS, upon opening of their Grant Program it was closed 48 hours later due to the overwhelming need in the community for assistance. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD,ALASKA that: Section 1. The City Council hereby authorizes the City Manager to accept grant funds in the amount of$1,336,006. Section 2. The $1,336,006 amount will be evenly divided as follows: $668,003-fie $1,000,006 to Pass-Thru Payments account no. 80081-0000-7809 for business grant allotments for businesses that applied and were accepted for Round One of the first Business CARES Grant Program and $336,000 to pass through account number 80081-0000-XXXX for Seward Prevention Coalition Neighbors Helping Neighbors program and appropriating funds. Section 3. This resolution shall take effect immediately upon adoption. CITY OF SEWARD,ALASKA RESOLUTION 2020-094 PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 141h day of December, 2020. THE CITY OF SEWARD,ALASKA Christy Terry,Mayor AYES: NOES: ABSENT: ABSTAIN: ATTEST: Brenda J. Ballou, MMC City Clerk (City Seal)