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A RESOLUTION OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AGREEMENT WITH THE ARKANSAS DEPARTMENT OF FINANCE AND ADMINISTRATION TO RECEIVE GRANT FUNDING OF $2,664,809 FROM THE CORONAVIRUS RELIEF FUND
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WHEREAS, the City of Jonesboro has been allocated a grant for approximately $2,664,809 from the Coronavirus Relief Fund (CRF) created by the State of Arkansas and managed by the Arkansas Department of Finance and Administration (DFA); and
WHEREAS, All CRF Program funds (and each CRF Request) are subject to section 601(a) of the Social Security Act, as added by Section 5001 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act); and
WHEREAS, The State of Arkansas and the DFA are authorized to rely upon this certification as a material representation made by the City of Jonesboro in connection with each CRF Request; and
WHEREAS, the CRF grant is 100% funded and therefore is no cost to the City of Jonesboro.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Jonesboro that:
SECTION 1: The City of Jonesboro will enter into an agreement with the Arkansas Department of Finance and Administration (DFA) regarding the receipt of the Coronavirus Relief Fund.
SECTION 2: The Mayor and the City Clerk are hereby authorized by the City of Jonesboro City Council to execute all documents necessary to effectuate this agreement.
PASSED AND APPROVED THIS 20TH DAY OF OCTOBER 2020.