(A) The American Rescue Plan Act Fund is hereby established, and the funds shall only be expended in a manner consistent with Indiana and federal laws and upon approval by this Council.
(B) In compliance with the Indiana State Board of Accounts, funds received through the ARP shall only be used for the following:
(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 aid to 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 workers of the town that are performing such essential work, or by providing grants to eligible employers that have eligible workers who perform essential work;
(3) For the provision of government services to the extent of the reduction in revenue of the city due to the COVID-19 public health emergency relative to revenues collected in the most recent full fiscal year of the city and prior to the emergency; and
(4) To make necessary investments in water, sewer, or broadband infrastructure.
(Ord. 2021-OR-016, passed 6-14-21; Am. Ord. 2021-OR-021, passed 8-9-21)