§ 34.20 FUND 176 (ARP).
   (A)   Fund established. Pursuant to State Examiner Directive 2021-1, the Town Council does hereby create Fund No. 176 which is designated as the ARP Coronavirus Local Fiscal Recovery Fund and shall be the depository fund for allocations received through the ARP.
   (B)   Permitted uses. The town hereby adopts a plan to appropriate and utilize the funds only for the following purposes, as permitted by law. This plan may be amended in the future to provide more specific details on the use of the funds.
      (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 town due to the COVID-19 public health emergency relative to revenues collected in the most recent full fiscal year of the town prior to the emergency; or
      (4)   To make necessary investments in water, sewer or broadband infrastructure.
   (C)   Internal controls shall be designated, implemented, and documented to provide reasonable assurance that the ARP funds will be safeguarded and used in accordance with the ARP.
(Ord. 2021-3, passed 6-7-2021)