AGENDA CAPTION:
Title
Receive a staff presentation on CARES Act reimbursements and use of potentially available City funds; and provide direction to staff.
Body
Meeting date: February 2, 2021
Department: Planning and Development Services
Amount & Source of Funding
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Funds Available: Click or tap here to enter text.
Account Name: Click or tap here to enter text.
Fiscal Note:
Prior Council Action: Click or tap here to enter text.
City Council Strategic Initiative: [Please select from the dropdown menu below]
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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
? Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
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Background Information:
As part of the CARES Act implementation last year, the US Treasury Department created the Coronavirus Relief Fund (CRF) and issued funding to the states to distribute to smaller communities. The Texas Department of Emergency Management (TDEM) is the administrator of these funds for the state of Texas. TDEM set the amounts allocated for each city and the rules by which applications must be submitted.
On December 15, 2020, the City of San Marcos submitted an application to TDEM for the City's full allocation of $3.6 million according to the rules of the grant program. TDEM is currently reviewing the application and intends to inform the City by mid-March of the amount approved. If TDEM approves the application as submitted, the City will be able to reimburse the General Fun...
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