(A) An ARP Coronavirus Local Fiscal Recovery Fund (Fund 2485) is established.
(B) (1) The purpose of the fund is to be used for only the following reasons as set forth in Section 603(c) of the ARP in accordance with US Treasury Guidance:
(a) To respond to the public health emergency with respect to the Coronavirus Disease 2019 (COVID-19) or its negative economic impacts, including assistance to households, small businesses, and non-profits, or to aid the impacted industries such as tourism, travel and hospitality;
(b) To respond to workers performing essential work during the COVID-19 public health emergency by providing premium pay to eligible works of the metropolitan city, non-entitlement unit of local government or county that are performing such essential, or by providing grants to eligible employers that eligible workers who perform essential work;
(c) For the provision of government services to the extent of the reduction in revenue of such metropolitan city, non-entitlement unit of local government, or county due to the COVID-19 public health emergency relative to revenues collected in the most recent full fiscal year (2019) of the metropolitan city, non-entitlement unit of local government or county prior to the emergency; or
(d) To make necessary investments in water, sewer or broadband infrastructure as approved by the US Treasury.
(2) The funds shall be appropriated by the Common Council of the City of Connersville before use.
(3) All expenditure of funds shall be approved by the Board of Public Works and Safety of the City of Connersville with any and all claims to be paid from the City's ARP Fund.
(4) The City of Connersville will establish the plan, conditions and rules upon which the funds are to be requested and used.
(5) Any unused funds shall be paid back to the United States Treasury when required.
(6) The Clerk-Treasurer shall keep accurate and complete financial records of the receipt and expenditure of any and all funds deposited and paid from this new fund.
(7) No money received in the ARP fund shall be used for any type of deposit into any pension fund.
(Ord. 6710, passed 5-3-21; Am. Ord. 6831, passed 2-22-22)