AGENDA CAPTION:
Title
Consider approval of Resolution 2024-240R, approving a funding agreement with Blanco River Regional Recovery Team (BR3T) allowing for American Rescue Plan Act (ARPA) funds to administer a rent assistance program for residents of the City of San Marcos negatively affected by COVID-19 in the amount of $115,000.00 over a two-year term with an option to extend; authorizing the City Manager, or her designee, to negotiate the final terms of the agreement and execute the appropriate documents to implement the agreement on behalf of the city; and declaring an effective date.
Body
Meeting date: December 3, 2024
Department: City Manager's Office
Amount & Source of Funding
Funds Required: $115,000
Account Number: Click or tap here to enter text.
Funds Available: $115,000
Account Name: Click or tap here to enter text.
Fiscal Note:
Prior Council Action: City Council discussed this area of need during their Work Session on November 6, 2024 and reallocated $115,000 in American Rescue Plan Act funding toward this area on November 19, 2024.
City Council Strategic Initiative: [Please select from the dropdown menu below]
Quality of Life & Sense of Place
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
? Neighborhoods & Housing - Choose an item.
? Parks, Public Spaces & Facilities - Choose an item.
? Transportation - Choose an item.
? Core Services
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Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
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Background Information:
The US Treasury launched the Coronavirus State and Local Fiscal Recovery Fund totaling $350B approved through the American Rescue Plan. San Marcos has received an allocation of $18,101,483. The City received half of the funds in Ju...
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