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City reallocates $60,000 in ARPA funds to buy property at 120 West C Street
Summary
The council approved transferring $60,000 from ARPA reserves to Capital Outlay—Land/Land Improvements to purchase a parcel at 120 West C Street and authorized staff to complete the acquisition.
City Council approved reallocation of American Rescue Plan Act funds to acquire a parcel at 120 West C Street.
City Manager Jonathan Franklin reviewed the city’s ARPA distribution ($4,199,476) and explained the $60,000 reallocation from the ARPA reserve to Capital Outlay—Land/Land Improvements to fund the purchase. The purchase had been identified previously in Resolution 25-2022. Council adopted the budget ordinance amendment and authorized staff to proceed with the property acquisition.
The transcript records the council’s two motions adopting the budget amendment and approving the purchase. The action moves the identified parcel into city ownership and funds the acquisition from previously received federal ARPA funds.
