Posted: June 25, 2020
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF070120 10

Agenda Item Title:

Approve Resolution No. 2020-059 A Resolution Authorizing the Execution of Contractual Documents with the State of South Dakota for the Receipt of CARES Act Funds to Address the COVID-19 Public Health Crisis

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
07/01/2020
City Council Hearing Date:
07/06/2020
Staff Contact:
Pauline Sumption, Finance Officer
Agenda Item Summary:
The passage of this resolution and signing of the agreement is a requirement to receive the approximately $17.5 million in State funding in response to COVID related expenses

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
This will increase our funding without any additional expenses

Recommendations:

Origination Recommendation Action:
Approve

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