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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING THE FORM OF SUBAWARD AGREEMENT WITH BROWARD COUNTY FOR CARES ACT FUNDING, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO EXECUTE THE FINAL SUBAWARD AGREEMENT; AUTHORIZING CITY MANAGER OR HIS DESIGNEE TO TAKE ALL STEPS NECESSARY AND TO EXECUTE ALL DOCUMENTS NECESSARY TO PROVIDE FOR THE CITY'S RECEIPT OF CARES ACT FUNDING FROM BROWARD COUNTY; AUTHORIZING CITY MANAGER OR HIS DESIGNEE TO EXECUTE AMENDMENTS TO THE SUBAWARD AGREEMENT; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $7,584,535.94 subaward for the City)
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(Staff Contact: Suzette Sibble)
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Summary Explanation/Background:
On March 27, 2020, the Coronavirus Aid, Relief and Economic Security ("CARES") Act was signed into law, providing over $2 trillion in economic relief to assist with the impact of the COVID-19 pandemic, $8.3 billion of which was allocated to the State of Florida. Based on its population, Broward County qualified for a direct payment allocation and received $340,744,702 in funding from the Department of Treasury under the Coronavirus Relief Funds program, Catalog of Federal Domestic Assistance ("CFDA") No. 21.019. Over the past months, the Broward League of Cities CARES Task Force (Mayor Rex Hardin represented Pompano Beach) and The Broward City County Manager's Association CARES Subcommittee collaborated to work with Broward County staff to reach a consensus on an allocation of a portion of the County's $340.7 million to the thirty-one (31) Broward County cities/towns. On August 25, 2020, the Broward County Commission unanimously approved allocating $102.3 million of its $340.7 million allocation to the 31 cities/towns in Broward County to be utilized to reimburse for eligible costs within various eligible categories. The City of Pompano Beach has been approved for a subaward of $7,584,535.94 million, to be utilized to cover eligible Covid-19 related expenditures in the categories...
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