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VI.K CSLFRF Grant Project Ordinance Amendment #2 <br /> The Horton pool and bathhouse renovations meet the requirements of the Final Rule <br /> issued by the US Treasury for the American Rescue Plan Act of 2021; therefore, a <br /> grant ordinance amendment has been prepared allocating the low bid funds for each <br /> project and an additional 10% project contingency for each project. If the Board <br /> chooses to fund the pool and bathhouse renovations from the CSLRF, it will release <br /> $1,000,000 in the park projects to either be returned to the General Fund or to be <br /> allocated to other park needs. Commissioner Carver requested consideration of <br /> identifying all potential ways the money can be spent and set priorities rather than <br /> approving expenditures as we go along to make sure it goes to what the Board really <br /> wants accomplished with the funds. In this process there is a way of substituting <br /> funds. Minter said under revenue loss provisions, there is the ability to substitute by <br /> moving general fund expenditures such as public safety salaries to the ARPA fund to <br /> free up funds in the General Fund to move forward with projects without all of the <br /> restrictions required related to the ARPA funds which would allow the ability to apply <br /> the funds to projects outside of the Qualified Census Tracks required under ARPA. <br /> Expenditure of funds still need to abide by state and local laws. Already $1,000,000 <br /> of fund balance was allocated to the Horton Pool, which is going to be allocated back <br /> to the General Fund from the ARPA funds. When the project was projected to come <br /> in above the allocated funds, the Commissioners voted to add $347,000 to the <br /> project and to apply ARPA funding if allowed. Commissioner Carver requested for an <br /> accounting of funds that are being substituted. The $10,000,000 standard allowance <br /> is restricted to ARPA use. A Lee County Unofficial Project List was provided for the <br /> Board's consideration. Minter requested that these projects be rated 1-5 based on <br /> interest in each project and returned by Thursday night or Friday morning and the <br /> results will be compiled in a spreadsheet. The purpose of the list is to identify <br /> priorities for spending of ARPA funds. <br /> CSLRF grant ordinance amendment #2.pdf <br /> Motion: Motion to approve Grant Project Ordinance Amendment #2 as <br /> presented, a copy of which is attached and incorporated in these minutes. <br /> Mover: Cameron Sharpe <br /> For: 7 —Arianna Lavallee, Dr. Andre Knecht, Robert Reives, Cameron Sharpe, <br /> Kirk Smith, Bill Carver, Mark Lovick <br /> Motion Result: Passed <br /> VII. MANAGERS' REPORTS <br /> VII.A December 2021 Financial Report <br /> Assistant County Manager/Finance Director Lisa Minter presented the <br /> December 2021 Financial Report, a copy of which is attached and incorporated <br /> into these minutes. <br /> Monthly Financial Report-New Format FY 2021-2022.pdf <br /> I0 <br />