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Res 2022- 30 Elect Standard Allowance Under Rev Loss Provision ARPA CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION 2022-30 A RESOLUTION TO ELECT THE STANDARD ALLOWANCE AVAILABLE UNDER THE REVENUE LOSS PROVISION OF THECORONAVIRUS LOCAL FISCAL RECOVERY FUND ESTABLISHED UNDER THE AMERICAN RESCUE PLAN ACT WHEREAS, Congress adopted the American Rescue Plan Act("ARPA") in March 2021 which included$350 billion in recovery funds for cities across the country; and WHEREAS, ARPA funds are intended to provide support to state, local, and tribal governments in responding to the impact of COVID-19 and in their efforts to contain COVID-19 in their communities, residents, and businesses; and WHEREAS,the Coronavirus Local Fiscal Recovery Fund provides for $19.53 billion in payments to be made to States and territories which will distribute the funds to non-entitlement units of local government("NEUs"); and WHEREAS, The Coronavirus State and Local Fiscal Recovery Fund ensures that governments have the resources needed to fight the pandernic and support families and businesses struggling with its public health and economic impacts, maintain vital public services, even amid declines in revenue, and build a strong, resilient, and equitable recovery by making investments that support long-term growth and opportunity; and WHEREAS, the ARPA requires that States and territories allocate funding to NEUs in an amount that bears the same proportion as the population of the NEU bears to the total population of all NEUs in the State or territory; and WHEREAS, $1,239,588.42 has been allocated to the City of Mendota Heights ("City") pursuant to the ARPA; and WHEREAS, In May 2021, the U.S. Department of Treasury ("Treasury")published the Interim Final Rule describing eligible and ineligible uses of funds as well as other program provisions, sought feedback from the public on these program rules, and began to distribute funds; and WHEREAS, on January 6, 2022, Treasury issued the Final Rule which delivers broader flexibility and greater simplicity in the program,responsive to feedback in the comment process; and WHEREAS,the Final Rule offers a standard allowance for revenue loss of up to $10 million, allowing recipients to select between a standard amount of revenue loss or complete a full revenue loss calculation; and WHEREAS,recipients that select the standard allowance may use that amount, in many cases their full award, for government services, with streamlined reporting requirements. NOW, THEREFORE, BE IT RESOLVED,that the City Council of the City of Mendota Heights, Minnesota elects the standard allowance available under the revenue loss provision of the American Rescue Plan Act in the amount of$1,239,588.42 to be used for the general provision of government services. Adopted by the City Council of the City of Mendota Heights, Minnesota this 19'h day of April, 2022. CITY COUNCIL CITY OF ENDOTA HEIGHTS Step anie Levine, Mayor ATTEST: c a_ Lorri Smith, City Clerk Resolutions 2022-30 page 2 of2