Agenda Date: 05/19/2020
Subject:
Title
Resolution 46-2020: Approving an Intergovernmental Agreement between City of Littleton and Jefferson 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 Jefferson County to receive a portion of CARES Act monies allocated to Jefferson County.
PRESENTATIONS:
Staff Presenter(s): Reid Betzing, City Attorney
Additional Presenter(s): N/A
SUMMARY:
On March 13, 2020, pursuant to C.R.S. § 24-33.5-709(1), the Chairman of the Board of County Commissioners of Jefferson County declared a local disaster emergency due to COVID-19. Because the cost and magnitude of responding to and recovering from the impact of the pandemic is expected to exceed available resources, the effect of a declaration of local disaster emergency is to activate the response and recovery aspects of any and all applicable local and interjurisdictional disaster and emergency plans and to authorize the furnishing of aid and assistance under such plans, as set forth in C.R.S. § 24-33.5-709(2).
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.
Jefferson County having a population over 500,000 persons requested and received a share of the Fund from the US Department of Treasury pursuant to the CARES Act and desires to distribute to local governments, including the City of Littleton, within Jefferson County. The proposed distribution to local governments is approximately 45% of the Fund based on a per capita basis. The resulting allocation to the City for approved expenditures is approximately $210,202.
ANALYSIS:
Staff Analysis
The form of this IGA has been standardized and submitted to all Cities within Jefferson 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, Jefferson 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 will be Two Hundred Ten Thousand, Two Hundred Two Dollars ($210,202).
Alternatives
If council chooses not to approve the IGA they will risk not receiving CARES Act funding from Jefferson County.
STAFF RECOMMENDATION:
Staff recommends approval of the Intergovernmental Agreement with Jefferson County for the CARES Act Local Government Distributions.
PROPOSED MOTION:
Proposed Motion
I move to approve Resolution 46-2020 approving an Intergovernmental Agreement with Jefferson County regarding the CARES Act Local Government Distributions.