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RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS TO ENTER INTO AN AGREEMENT WITH THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT TO ALLOCATE FUNDING THROUGH THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT
WHEREAS, the City has been granted its allocation for the CDBG-CV-1 (Covid-19 relief funds under the CARES Act) in the amount of $362,524.
WHEREAS, funding was allocated toward Small Business Emergency Grants and only six applicants met the federal guidelines for receiving the funds in the amount of $60,000, thereby resulting in a unallocated balance of $302,524 ; and
WHEREAS, the City has been granted CDBG-CV-3 funds in the amount of $366,336 for a total unallocated balance of $668,860 for FY2020 Covid Relief; and
WHEREAS, these funds shall be used for CDBG FY2020 CV-I & CV-III FUNDING PROPOSED PROJECTS; and
WHEREAS, The City of Jonesboro proposes the CDBG FY 2020 CV-1 & CV-3 allocations be directed to the following three projects:
1. Renovation of the YMCA facility on West Nettleton Avenue next to the Southwest Church of Christ and Fire Station; The facility will be utilized for the continued impacts of the COVID-19 pandemic, to provide a safe environment for emergency quarantine, during a disaster and/or pandemic for short-term assistance, such as emergency Red Cross services in the amount of $218,860; and
2. Continuation of the Nonprofit Covid-19 Public Service Grant Assistance in the amount of $ 100,000; and
3. Funding for a Homeless Shelter Rehabilitation (once a shelter location is confirmed) in the amount of $350,000;
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS THAT:
SECTION I: Mayor Harold Copenhaver and City Clerk April Leggett are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate said agreement.
PASSED AND APPROVED THIS 2ND DAY OF MARCH, 2021.