Updated!  PURSUANT TO GOVERNMENT CODE SECTION 54953(e) AND THE RECOMMENDATION OF THE HEALTH OFFICER OF THE COUNTY OF SONOMA, CITY COUNCIL MEMBERS WILL BE PARTICIPATING CITY COUNCIL MEETINGS EITHER VIA ZOOM WEBINAR OR IN-PERSON, SOCIALLY DISTANCED, IN THE COUNCIL CHAMBER AT 100 SANTA ROSA AVENUE. Go to srcity.org/VirtualParticipation for more information on virtual meeting public participation. If you have any additional questions, please contact Stephanie Williams at cityclerk@srcity.org.
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File #: 21-0939    Version: 1 Name: One-Time Monies
Type: CC- Study Session Status: Agenda Ready
File created: 10/5/2021 In control: City Council
On agenda: 10/26/2021 Final action:
Title: ONE-TIME MONIES The City has $7 million remaining of PG&E settlement funds that remain unobligated. In addition, the City must develop a spending plan for $34,367,436 of the American Rescue Plan Act (ARPA) funding, which will be allocated to the City in two equal tranches of $17,183,718. The first tranche was received in May 2021, and the second tranche is expected in May 2022. At a Study Session on July 13, 2021, the City Council provided staff with a list of projects that may be funded through either ARPA funds, or PG&E settlement funds. In addition, City staff identified projects which may also be considered for funding. In total, approximately $171.5 million of projects were identified. A working group of eight City employees met to review the projects, and determine their respective rankings based on sustainability, economic, and equity considerations/factors.
Sponsors: Finance
Indexes: Not a Project
Code sections: 15378 - Not a Project
Attachments: 1. Staff Report, 2. Attachment 1 - Map (Uploaded 10-26-2021), 3. Presentation (Upload 10-26-2021), 4. Late Correspondence (Uploaded 10-26-2021), 5. Late Correspondence (Uploaded 10-29-2021)
Related files: 21-0616, 21-1056
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