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RESOLUTION AUTHORIZING THE CITY OF JONESBORO, ARKANSAS TO ACCEPT THE AWARD FROM THE FEDERAL EMERGENCY MANAGEMENT ADMINISTRATION (FEMA) THROUGH THE ARKANSAS DEPARTMENT OF EMERGENCY MANAGEMENT (ADEM) FOR THE JONESBORO ACQUISITION AND DEMOLITION PROJECT AND AMEND THE 2021 BUDGET
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WHEREAS, the City of Jonesboro was awarded a Hazard Mitigation Assistance (HMA) Grant in the amount of $401,572.50; and,
WHEREAS, the City of Jonesboro will accept the HMA Grant for mitigation with a local cost share of $95,612.50 and the federal cost share of $305,960.00 for a total of $401,572.50. The federal cost share includes reimbursable management cost up to $19,122.50; and,
WHEREAS, funds will be utilized to mitigate the four (4) qualifying structures; and,
WHEREAS, the city of Jonesboro, Arkansas passed the 2021 budget in RES-20:244, which will need to be amended to reflect the award amount.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1: The City of Jonesboro accepts the award from the Federal Emergency Management Administration (FEMA) through the Arkansas Department of Emergency Management (ADEM).
Section 2: The Mayor and City Clerk are hereby authorized by the City Council to execute all documents necessary to effectuate this agreement.
Section 3: The 2021 budget is hereby amended to include the Hazard Mitigation Assistance (HMA) Grant.
PASSED AND APPROVED THIS 2ND DAY OF MARCH, 2021.