(A) There is created a new fund with the City of Rushville that shall be entitled ARP Grant Fund, and the Treasurer has issued a fund number of 176 with respect to these funds and such funds shall be non-reverting.
(B) The purpose of funds 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:
(1) 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 nonprofits, or to aid the impacted industries such as tourism, travel and hospitality;
(2) 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;
(3) 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 of the metropolitan city, non-entitlement unit of local government or county prior to the emergency; or
(4) To make necessary investments in water, sewer or broadband infrastructure as approved by the US. Treasury.
(C) ARP funds will be used on the following projects: Pay for downtown drainage projects and associated resurfacing, as described in U.S. Department of the Treasury Guidelines Expenditure - Chapter 5 - Infrastructure 5.6 Clean Water: Stormwater.
(1) Project I - Pharmacy parking lot and adjacent alleys.
(2) Project II - Willkie parking lot and adjacent alley.
(D) The funds shall be appropriated by the Council before use.
(E) All expenditure of funds shall be approved by the Council with any and all claims to be paid from the city’s ARP fund.
(F) The Council will establish the plan, conditions and rules upon which the funds are to be requested and used.
(G) Any unused funds shall be paid back to the United States Treasury when required.
(H) The 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.
(I) No money received in the ARP Grant Fund shall be used for any type of deposit into any pension fund.
(J) No money shall be transferred to any other fund.
(K) An internal controls policy shall be designed, implemented, and documented to provide reasonable assurance that the APR funds will be safeguarded and used in accordance the APR.
(Ord. 2021-14, passed 12-7-2021)