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RESOLUTION 18-24 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS REGARDING USE OF THE AMERICAN RESCUE PLAN ACT (ABPA) FUNDS WHEREAS, on March 11, 2021, President Biden signed into law HR 1319, the American Rescue Plan Act of 2021 ("ARPA"), which provides financial assistance to individuals, businesses, and state and local government agencies to assist in the economic recovery from the COVID-19 pandemic; and WHEREAS, ARPA includes a provision entitled "Coronavirus State and Local Fiscal Recovery Funds program ("SLFRF") that includes $350 billion in funding for state, territorial, local, and Tribal governments of which $65 billion is dedicated to local government agencies; and WHEREAS, the provision in SLFRF provide flexibility for each government to meet local needs in four areas: 1) supporting public response to public health impacts and negative economic impacts of the pandemic; 2) provide premium pay for essential workers; 3) replace lost public sector revenues; and 4) -)invest in water, wastewater, and broadband infrastructure; and WHEREAS, the Town of Los Altos Hills ("Town") is classified as a non -entitlement unit agency with the provisions of SLFRF, was informed that its total allocation is $2,014,960, and that the allocation would be paid in two equal payments of $1,007,,480. The first payment was received on July 13, 2021 and the second payment received on July 21, 2022; and WHEREAS, the U.S. Department of the Treasury ("Treasury") is responsible for administration and distribution of SLFRF funds and issued its Interim Final Rule (31 CFR Part 35, RIN 1505- AC77) on May 10, 2021, that establishes provisions for the use of the SLFRF funds; and WHEREAS, the Town has identified and approved fourteen projects in previous staff reports that would provide the opportunity to use all of the ARPA funds received. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the Town of Los Altos Hills as follows: 1. The City Manager, or designee, is authorized to apply for, receive, and file required reports on the Town's allocation of ABPA - SLFRF funds. 2. The SLFRF funds received from Treasury shall be deposited into the Town's funds and said funds will be tracked and reported in accordance with the provisions of ARPA and the Interim Final Rule. 3. The Town shall use the funds based on City Council direction as outlined in the staff report dated April 15, 2024, with the addition of keeping broadband on the list. 4. As per the staff report dated April 15, 2024, Council directs staff to amend the approved project list to reflect COVID-related modifications to cubicles at Town facilities consistent with public health mandates and recommendations. Resolution 18-24