CITY of ALBUQUERQUE
TWENTY FIFTH COUNCIL
COUNCIL BILL NO. R-22-47 ENACTMENT NO. ________________________
SPONSORED BY: Brook Bassan, by request
RESOLUTION
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Appropriating Funding From The Second Tranche Of The American Rescue Plan Act Of 2021 For The Purposes Of Pandemic Response, Pandemic Recovery Investments, And Support For Vulnerable Populations (Bassan, by request)
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APPROPRIATING FUNDING FROM THE SECOND TRANCHE OF THE AMERICAN RESCUE PLAN ACT OF 2021 FOR THE PURPOSES OF PANDEMIC RESPONSE, PANDEMIC RECOVERY INVESTMENTS, AND SUPPORT FOR VULNERABLE POPULATIONS.
WHEREAS, the American Rescue Plan Act (ARPA) was signed into law on March 11, 2021, creating new Coronavirus State and Local Fiscal Recovery Funds (SLFRF); and
WHEREAS, the City of Albuquerque was awarded $108,810,857 of direct ARPA funding, distributed in two tranches in May 2021 and June 2022; and
WHEREAS, Resolution R-21-157, approved by the Council on May 17, 2021, appropriated $59,650,000 for the first tranche of ARPA funding for the purpose of pandemic response, recovery investments, and support for vulnerable populations; and
WHEREAS, the United States Department of the Treasury issued the final reporting rule on SLFRF on February 28, 2022; and
WHEREAS, some projects included in R-21-157 were ineligible based on the Final Rule that provided clarifying guidance for uses of ARPA funds, and the Council approved R-22-21 to correct the related technical issues; and
WHEREAS, the City experienced significant revenue loss, which is explicitly listed as an eligible use of ARPA funds by the United States Department of the Treasury; and
WHEREAS, Sections 602(c)(1)(C) and 603(c)(1)(C) of ARPA provide recipients with broad latitude to use SLFRF funds for the provision of government services such as police, fire, and other public safety services; and
WHEREAS, additional appropriation of the remaining $49,160,000 of ARPA fundi...
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