DATE: October 12, 2021
SUBJECT:
Title
AMERICAN RESCUE PLAN ACT (ARPA)
A. ADOPT A RESOLUTION TO APPROVE AN ECONOMIC RECOVERY PROGRAM (ERP) FOR PROJECTS UTILIZING AMERICAN RESCUE PLAN ACT (ARPA) FUNDS RECEIVED FROM THE STATE OF CALIFORNIA'S CORONAVIRUS FISCAL RECOVERY FUND OF 2021 AND GRANT AUTHORITY TO THE EXECUTIVE DIRECTOR OF THE SAN DIEGO UNIFIED PORT DISTRICT AND/OR HIS DESIGNEE TO SIGN ANY APPLICATION, FUNDING AGREEMENT AND ASSOCIATED DOCUMENTS TO RECEIVE ARPA FUNDS.
B. ADOPT A RESOLUTION AMENDING BOARD OF PORT COMMISSIONERS (BPC) POLICY NO. 090 TO ESTABLISH AN ECONOMIC RECOVERY PROGRAM (ERP) ORDINARY EXPENSES APPROPRIATED ITEM AND AN ERP CAPITAL OUTLAY APPROPRIATED ITEM FOR THE FUNDS IN THE ERP
C. ADOPT AN ORDINANCE AMENDING THE DISTRICT'S FY 2022 BUDGET BY ADDING $10,000,000 TO THE ECONOMIC RECOVERY PROGRAM (ERP) ORDINARY EXPENSES CLASS APPROPRIATED ITEM AND $90,000,000 TO ERP CAPITAL OUTLAY APPROPRIATED ITEM, TO BE FUNDED FROM THE FUNDS RECEIVED FROM THE STATE OF CALIFORNIA'S CORONAVIRUS FISCAL RECOVERY FUND OF 2021 RESULTING IN NO IMPACT TO THE DEFICIT.
Body
EXECUTIVE SUMMARY:
The State of California has allocated $250 million of its Federal ARPA Funds to mitigate the negative economic impacts resulting from the COVID-19 pandemic to California Ports by providing aid. Additionally, the State passed the Budget Act of 2021 (Act), which clarified the use of the ARPA Funds by ports and escalates the deadlines for ports to spend or obligate ARPA fund by six months (from December 31, 2024 to June 30, 2024). Applications for ARPA funds are likely due to State Land Commission (SLC) in mid- to late October with anticipated awards granted to eligible ports in late October or early November. Hence, action by the Board of Port Commissioners (Board) at the October 12, 2021 Board meeting is vital for the San Diego Unified Port District (District) to submit a timely application to SLC, sign a funding agreement and execute on that agreement. For exa...
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