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File Number: 23-421 <br />On November 1, 2021, the City Council Adopted the American Rescue Plan Act (ARPA) Budget <br />for Fiscal Years 2021-2022 and 2022-2023 and Authorized the City Manager to Approve <br />Carryovers/Unspent ARPA Funds to Future Fiscal Years’ Budgets. <br /> <br />The ARPA Budget included the allocation of $750,000 for Commercial Relief Grants, of which <br />approximately $221,000 remains, and $75,000 for an Economic Development Strategic Plan. <br />Utilizing ARPA funds, the Economic Development Division has provided $528,000 in grants to <br />over 50 businesses for rent relief, outdoor dining and facility improvements, and is finalizing plans <br />for the remaining grant funds. <br /> <br />Sufficient funds are available in the Fiscal year 2023-2024 Budget for ARPA-funded programs <br />and services, including: <br />·$75,000 - Account 190-41-835-5120 - Economic Development Strategic Plan <br />·$75,000 - Account 190-41-830-8507 - Commercial Relief Grants <br /> <br />This Council action will not impact fund balance because there are funds available in the <br />FY2023-2024 adopted budget. <br /> <br />ATTACHMENTS: <br /> <br />Exhibit A: Resolution to Approve and Authorize the City Manager to Execute a Consulting <br />Services Agreement with Strategic Economics for Production of the Economic <br />Development Strategy for an Amount of $120,000 and to Negotiate and Approve <br />Cumulative Contract Amendments up to 25% of the Contract Amount for a Total Not to <br />Exceed Amount of $150,000 <br />Exhibit B: Scope of Work and Budget <br /> <br />PREPARED BY: Katie Bowman, Economic Development Manager, Community Development <br />Department <br />Page 4 City of San Leandro Printed on 9/13/2023