Loading...
HomeMy WebLinkAboutNew Fund 124 American Rescue Fund KITTITAS COUNTY BOARD OF COUNTY COMMISSIONERS RESOLUTION NO._______ A Resolution Establishing Fund 124 – American Rescue Plan [Coronavirus State & Local Fiscal Recovery Fund] WHEREAS, On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (H.R. 1319) into law. The $1.9 trillion package, based on President Biden’s American Rescue Plan, is intended to combat the COVID-19 pandemic, including the public health and economic impacts and, WHEREAS, on May 10, 2021 the preliminary allocation designated to Kittitas County is $9,310,812, with estimated half of the funds to be sent in May 2021 and the balance sent one year later and, WHEREAS, on May 10, 2021 the United States Department of Treasury has issued the Interim Final Rule guidelines on the use of the funds, which include the following categories: NOW, THEREFORE BE IT RESOLVED, the Kittitas County Board of County Commissioners hereby establishes fund 124 – American Rescue Plan. AND, NOW THEREFORE BE IT FURTHER RESOLVED, the funds will be invested according to the United States Department of Treasury guidelines. The Board of County Commissioners authorizes the administration of these funds be allowed to be charge to the program. APPROVED, this 18th day of May 2021. BOARD OF COUNTY COMMISSIONERS KITTITAS COUNTY, WASHINGTON _____________________________ Brett Wachsmith, Chairman ATTEST _____________________________ Laura Osiadacz, Vice-Chairman _______________________________ Clerk of the Board _____________________________ Cory Wright, Commissioner