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Commissioner Worley - Finance - To Amend Gaston County ARPA Grant Project Ordinance 2021-264, to Approve and Appropriate Additional Project Funding ($16,300,098) to Chapel Grove Waterline Extension, Tryon Elementary School Waterline Extension, and North Belmont Park Waterline Extension. To Approve and Appropriate Estimated Program Income of the Waterline Projects ($144,000). To Approve the Transfer of the Appropriation of Cancelled/Completed Projects Cherryville Park and Public Safety Campus Respectively ($192,249)
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STAFF CONTACT
Kyle Sutherland - Finance Director - Finance - 704-866-3130
BUDGET IMPACT
budget
Community Investment Fund: Increase revenue and expenditures by $16,444,098
General Government Capital Fund: Increase revenue and expenditures by $16,444,098
General Government Capital Fund: Transfer $192,249 in expenditures between ARPA projects.
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BACKGROUND
The American Rescue Plan (ARP) Act of 2021 created new Coronavirus State and Local Fiscal Recovery Funds. The Act sets aside $65.1 billion to be allocated to counties based on population and sent directly from the Department of Treasury. Gaston County is expected to receive $43,612,126 million over two years. Pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the Gaston County Grant Project Ordinance 2021-264 for the Gaston County Coronavirus State and Local Fiscal Recovery Funds was adopted in Regular Session by the Gaston County Board of Commissioners on September 28, 2021.
This Board Action, if approved, amends Section 3 of the Gaston County ARPA Grant Project Ordinance as follows:
1. Reduces appropriated funds for Cherryville Park (cancelled - $168,381), Public Safety Campus (actual expenditure less than appropriation - $23,868). The total ($192,249) will be transferred to waterline projects.
2. Appropriates the following:
* Chapel Grove Waterline Extension ($5,050,500): Funding for the construction of the project. The project will de...
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