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Committee recommends sending ARPA allocation resolution to board to obligate funds for two projects

5951833 · November 6, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Committee of the Whole recommended the board obligate the village's remaining American Rescue Plan Act funds toward two pending projects and for general government services, citing a December obligation deadline and delayed outside grant decisions.

The Committee of the Whole on Nov. 5 recommended the village board adopt a resolution formally obligating remaining American Rescue Plan Act (ARPA) funds to two pending projects and to general government services.

Village staff told the committee the village has an ARPA allocation estimated at $1,400,000 from 2021 and must obligate those funds by Dec. 31, 2024, with expenditures expected to be completed by Dec. 31, 2026. "We have to obligate that by December 31 this year," the staff presenter said.

The staff presentation named two near-term priorities: a Bridal Street…

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