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HomeMy WebLinkAbout2020-638-08.24.2020Prepared LeAnn M. Even Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2020-638 RESOLUTION REQUESTING REIMBURSEMENT FROM THE IOWA COVID-19 GOVERNMENT RELIEF FUND. WHEREAS, the United States Congress approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide economic relief related to the COVID-19 pandemic. WHEREAS, Governor Kim Reynolds allocated $125 million of the State of Iowa's CARES Act funding to local governments for direct expenses incurred in response to the COVID-19 emergency. WHEREAS, local government funding reimbursements may only be used for necessary expenditures incurred due to the COVID-19 pandemic, were not accounted for in the current fiscal year city budget, were incurred during the time period of March 1, 2020 through December 30, 2020 and have not been reimbursed from other sources. NOW, THEREFORE BE IT RESOLVED, the City of Waterloo requests reimbursement of $1,600,155.27 in eligible expenditures in response to the COVID-19 public health emergency. BE IT FURTHER RESOLVED, the City of Waterloo affirms that the above requests for reimbursement follow all formal published Federal and State of Iowa guidance on how the funds should be spent, and understand if the reimbursements are misrepresented, the local government will be liable for any applicable penalty and interest. PASSED AND ADOPTED this 24th day of August 2020. Qu&n-tin Hart Quentin Hart, Mayor ATTEST: Ketle, ret'c/ile Kelley Felchle City Clerk