Resolution - #20-158 - 07/28/2020

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Councilmember Menth introduced the following resolution and moved for its adoption: CITY COUNCIL RESOLUTION #20-158 RESOLUTION ALLOCATING CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT FUNDS (KNOWN AS CARES ACT FUNDS) TO ECONOMIC RECOVERY ACTIVITIES WHEREAS, on March 27, 2020 the President of the United States signed into law the Coronavirus Aid Relief, and Economic Security Act (known as the CARES Act) that was passed by the U.S. Congress in response to the COVID-19 Pandemic Outbreak; and WHEREAS, the CARES Act included $339.8 Billion in relief under the COVID-19 pandemic in the United States dedicated for State and Local Governments; and WHEREAS, on June 25, 2020 the Governor of the State of Minnesota by Executive Order under the current Emergency allowed for the distribution of $841 million in CARES Act Funds to counties and cities within the State of Minnesota in accordance with the U.S. Treasury Guidance based on a per-capital basis; and WHEREAS, the City of Ramsey has received $2,038,029 in CARES Act Funding allocation; and WHEREAS, on July 28, 2020 the City of Ramsey adopted a Resolution Accepting the CARES Act Funds through the State of Minnesota and established allocations into two broad categories: Local Government and Economic Recovery; and WHEREAS, the CARES Act allows local governmental units to provide small businesses that meet legal requirements to provide assistance to defray the costs of business or service interruptions incurred by required closures, those businesses that voluntarily closed to promote social distancing measures, or businesses that are affected by decreased customer and service demand as a result of the COVID-19 Public Health Emergency. NOW THEREFORE, BE IT RESOLVED BY THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1)That the Ramsey City Council authorizes the allocation of $215,000 of CARES Act funds to the category of Economic Recovery to be utilized as follows:  Business Relief Grant Program $200,000  Administration Costs $ 15,000 Adjustments to the allocations between categories may be made by Resolution at future City Council Meetings.