AGENDA CAPTION:
Title
Consider approval of Resolution 2023-104R, approving the allocation of up to $3,398,070.00 in funds received by the City of San Marcos under the American Rescue Plan to support the recovery of the community; and declaring an effective date.
Body
Meeting date: June 6, 2023
Department: City Manager's Office
Amount & Source of Funding
Funds Required: Click or tap here to enter text.
Account Number: Click or tap here to enter text.
Funds Available: Click or tap here to enter text.
Account Name: Click or tap here to enter text.
Fiscal Note:
Prior Council Action: City Council provided direction at the May 2, 2023 Council Work Session to move forward with these identified projects.
City Council Strategic Initiative: [Please select from the dropdown menu below]
Quality of Life & Sense of Place
Public Safety, Core Services & Fiscal Excellence
Economic Vitality
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)]
Choose an item.
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 June 2021 and the remaining funds in June 2022. Funds must be allocated by 12/31/24 with funds expended by 12/31/26. The first tranche was allocated in 2021, and the first round of the second tranche was allocated in 2022. In addition to ARP, the City was also awarded Coronavirus Relief Funds (CRF) in 2021 that freed up $2...
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