From
Mike Joy, Senior Financial Analyst
Title
Resolution ratifying and/or authorizing the acceptance of Coronavirus Aid, Relief, and Economic Security Act (CARES) funding and authorizing approximately $10,707,180 to be expended for the purposes of mitigating and responding to COVID-19
Presenter
Steve Dye, Deputy City Manager/Chief Operating Officer
Recommended Action
Approve
Analysis
Dallas and Tarrant County Coronavirus Aid, Relief, and Economic Security Act (CARES) funds have been applied for and are available to the City of Grand Prairie. The City has been approved to receive CARES funds from Dallas and Tarrant Counties. The expenditures referenced in Exhibit “A” are believed by staff to be necessary due to the Public Health Emergency and appear to qualify as an authorized expenditure based upon the most recent guidance from the Department of Treasury. Preliminary approval from Dallas and Tarrant Counties for the reimbursement through CARES funding has been sought and granted.
City staff is seeking authorization to accept the funding and expend it for the purposes and amounts provided in Exhibit “A” for a total of $10,707,180 (Dallas County- $7,339,475.00 / Tarrant County- $3,367,705.00).
Financial Consideration
There is no cash match requirement for this funding source.
Body
RESOLUTION RATIFYING AND/OR AUTHORIZING THE ACCEPTANCE OF Coronavirus Aid, Relief, and Economic Security Act (CARES) FUNDING AND AUTHORIZING APPROXIMATELY $10,707,000 TO BE EXPENDED FOR THE PURPOSES OF PROVIDING PUBLIC ASSISTANCE IN MITIGATION AND RESPONSE TO COVID-19
Whereas, the City of Grand Prairie has been allocated approximately $10,707,000 in Coronavirus Aid, Relief, and Economic Security Act (CARES) funding;
Whereas, this funding allows the City of Grand Prairie to obtain reimbursement or otherwise provides funding for necessary expenditures due to the COVID19 Public Health Emergency
Whereas, the items/expenditures outlined in Exhibit “A” are necessary due to...
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