Agenda Date: 10/06/2020
Subject:
Title
Motion to approve expenditure of CARES Act funds
Body
Prepared by:
Ashley Bolton, Administrative Services Department Director
PURPOSE:
Does council support the approval of the use of CARES Act funds for an amended Phase IV that includes the original proposal, plus additional business grants and library/museum security camera system improvements?
PRESENTATIONS:
Staff Presenter(s): Ashley Bolton, Administrative Services Director
Additional Presenter(s): Tiffany Hooten, Finance Director
SUMMARY:
The city has received CARES Act funds from Arapahoe and Jefferson Counties to use in response to COVID-19 efforts.
PRIOR ACTIONS OR DISCUSSIONS:
CARES Act funds have been discussed at several previous study sessions and council meetings; most recently at the September 24, 2020 study session.
ANALYSIS:
Staff Analysis
At the September 24, 2020 study session, council supported staff's recommendation for a proposed Phase IV CARES Act expenditures for a total of $205,000. This original Phase IV proposal included:
* Strategic website assessment and design plan - $30,000
* Council chambers voting system - $15,000
* Gartner Executive Partner subscription - $30,000
* Weekends on Main equipment - $30,000
* Cloud Storage and Scanning - $100,000
During this discussion, council also supported allocating an additional $187,813 of CARES Act to fund those businesses that applied for Phase III, qualified for those funds but were not funded in that round due to the original limits of Phase III funding.
Council also reaffirmed for staff to proceed advertising for an additional round of non-profit assistance. The intent is to use the balance of $39,000 in unspent funding that was allocated for non-profits from the previous round of grants. Since this would not increase the original allocation for non-profits, this is not included in the motion to approve.
Additionally, Council requested that staff look at using CARES Act funding to add...
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