Agenda Date: 05/19/2020
Subject:
Title
Resolution 51-2020: Approving an Intergovernmental Agreement between City of Littleton and Arapahoe County regarding the CARES Act Local Government Distributions
Body
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Prepared by: |
Reid Betzing, City Attorney |
PURPOSE:
To approve or not approve an IGA between the City of Littleton and Arapahoe County to receive a portion of CARES Act monies allocated to Arapahoe County.
PRESENTATIONS:
Staff Presenter(s): Reid Betzing, City Attorney and Mark Relph, City Manager
Additional Presenter(s): N/A
SUMMARY:
On March 27, 2020, the United States Congress adopted the Coronavirus Aid, Relief, and Economic Security Act, Pub. L. No. 116-136, div. A, Title V (the “CARES Act”), which established a $150 billion Coronavirus Relief Fund (the “Fund”). Pursuant to the CARES Act, the United States Treasury (“Treasury”) will make payments from the Fund to States and eligible units of local government. Those eligible unites of local government were considered to be Counties and/or Cities that had a population of 500,000 persons or more.
Pursuant to Section 18(2) of Article XIV of the Colorado Constitution and C.R.S. Section 29-1-203, as amended, Arapahoe County and the City of Littleton have the authority to enter into intergovernmental agreements and are authorized to cooperate by contracting with one another for their mutual benefit. Arapahoe County desires to distribute a portion of its allocation of Coronavirus Relief Funds with the City of Littleton in order to effectuate the purpose and intent of the CARES Act and to assist the City of Littleton in mitigating the impacts of the COVID-19 emergency.
ANALYSIS:
Staff Analysis
The form of this IGA has been standardized and submitted to all Cities within Arapahoe County. Of note the representative City Attorneys have submitted edits to the IGA. Staff believes the terms are reasonable as it relates to receipt of CARES Act funding. Further note, pursuant to the CARES Act, Arapahoe County was under no obligation to provide any funding to local governments.
Council Goal, Objective, and/or Guiding Principle
Goal 2: Financial Sustainability
Fiscal Impacts
The City’s share of the Fund based on recent conversations with Arapahoe County is expected to be approximately $4.2 million dollars pending Arapahoe County Commissioner approval. The attached draft of the IGA is substantially and substantively believed to be the final version that the City will execute aside for adding the final distribution amount.
Alternatives
If council chooses not to approve the IGA they will risk not receiving CARES Act funding from Arapahoe County.
STAFF RECOMMENDATION:
Staff recommends approval of the Intergovernmental Agreement with Arapahoe County for the CARES Act Local Government Distributions.
PROPOSED MOTION:
Proposed Motion
I move to approve Resolution 51-2020 approving an Intergovernmental Agreement with Arapahoe County regarding the CARES Act Local Government Distributions.