Title
Chief Administrative Office recommending the Board approve and authorize the Chief Administrative Officer to sign American Rescue Plan Act grant Agreement 6666 with the El Dorado County Fair Association in the amount of $1,190,000.
FUNDING: American Rescue Plan Act State and Local Fiscal Recovery Funds.
Body
DISCUSSION / BACKGROUND
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA), which allocated $1.9 trillion to assist in the recovery from the impacts of the COVID-19 pandemic. El Dorado County is receiving a direct allocation of $37.46 million. Approximately $18.7 million was received in June 2021 and the second payment totaling an additional $18.7 million is scheduled to be delivered in June or July 2022.
On November 9, 2021, the Board approved the allocation of ARPA SLFRF funding based upon a recommendation from the Chief Administrative Officer (Legistar item 21-1680), including $4,135,060 for the support of small businesses and/or non-profits. Included in this total is $813,000 designated for the El Dorado County Fair Association.
On April 25, 2022, the Board approved an additional $377,000 for the Fair Association for culvert repairs, resulting in a total of $1,190,000 of ARPA funds for the Association (Legistar item 22-0715). During the same meeting the Board approved the Non-Profit Organization COVID-19 Economic Impact Grant program, including the original $813,000 for the Fair Association (Legistar item 22-0664). However, due to the increased allocation amount, it is now recommended that the Fair's allocation be processed separately under a single grant agreement. The current recommendation will supersede the grant award to the Fair Association approved on April 25.
ALTERNATIVES
The Board can revise its prior allocation to the Fair Association, or direct staff to revise grant terms.
PRIOR BOARD ACTION
See above.
OTHER DEPARTMENT / AGENCY INVOLVEMENT
N/A
FINANCIAL IMPACT
This recommendation is the...
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