Title
Ordinance Making Supplemental Appropriations of $175,380 From American Rescue Plan Act Funding to Complete the Stormwater Project at 10th and Grace Streets [ARPA Funding]
Body
LEGISLATIVE INTENT/PURPOSE:
WHEREAS, the City of Wilmington received $25.9M of funding from the American Rescue Plan Act ("ARPA"), referred to as the Coronavirus State and Local Fiscal Recovery Funds; and,
WHEREAS, these funds provide eligible state, local, territorial, and Tribal governments with a substantial infusion of resources to meet pandemic response needs and rebuild a stronger and more equitable economy as the country recovers; and,
WHEREAS, City staff provided a recommended spending plan to City Council to respond to the many needs of the community recovering from the pandemic, and to aid in the economic recovery efforts and fiscal stability; and,
WHEREAS, there have been several changes to the recommended plan as City staff continues to reallocate funding appropriation to respond to the needs of the community and fiscal stability; and,
WHEREAS, City Council previously approved ARPA funding to be allocated for the Stormwater project at 10th and Grace Streets; and,
WHEREAS, this ordinance provides additional appropriations to complete this ARPA-eligible stormwater project.
THEREFORE, BE IT ORDAINED:
THAT, the following appropriation is hereby made to the Stormwater Capital Projects Fund from the Coronavirus Fiscal Recovery-ARPA Project, and that the revenue is available to meet the appropriation changes.
CORONAVIRUS FISCAL RECOVERY - ARPA PROJECT (1GGEM2110)
Appropriation
Unallocated Expenditure
1GGEM2110-RESTRICTED-UNALLOCATD-UNDESIGN ($175,380)
Transfer to CP Storm Rehab Fund $175,380
1GGEM2110-RESTRICTED-XFERS-XFto502
STORM WATER REHAB CAPITAL PROJECT FUND
[10TH & GRACE INTERSECTION IMPROVEMENT PROJECT-7DCEM2310]
Appropriation
General Construction-Restricted $175,380
7DCEM2310-RSTRARPA-CPCONSTR-CPGENCONST
Revenue
Transfer from Special Purpo...
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