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Board Of Aldermen - Minutes - 9/8/2021 - P24

By dnadmin on Mon, 11/07/2022 - 07:09
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Eligible Uses - Direct Assistance

S Address Negative Economic Impacts
| {| Respond to economic harms to workers, families, small businesses,

(| I impacted industries, and the public sector

Eligible uses in this category include assistance to households; small businesses and non-profits;
and aid to impacted industries.

Board Of Aldermen - Minutes - 9/8/2021 - P23

By dnadmin on Mon, 11/07/2022 - 07:09
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Eligible Uses - Public Health Response

Support Public Health Response
Fund COVID-19 mitigation efforts, medical expenses, behavioral
healthcare, and certain public health and safety staff

§ Expenses may include vaccination programs; medical care; testing; contact tracing; support for
isolation or quarantine; supports for vulnerable populations to access medical or public health
services; public health surveillance (e.g., monitoring case trends, genomic sequencing for
variants);

Board Of Aldermen - Minutes - 9/8/2021 - P22

By dnadmin on Mon, 11/07/2022 - 07:09
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Eligible Uses - Revenue Replacement

i

an

Revenue Replacement for Government Services Revenue Loss
Use funds to provide government services to the extent of the reduction
in revenue experienced due to the pandemic

Board Of Aldermen - Minutes - 9/8/2021 - P21

By dnadmin on Mon, 11/07/2022 - 07:09
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Eligible Uses -Local Fiscal Recovery Funds

These funds provide substantial flexibility for cities to address
impacts and meet the needs of its community

Replace Public Sector Revenue Loss
Use funds to provide government services to the extent of the reduction in
revenue experienced due to the pandemic

Support Public Health Response
Fund COVID-19 mitigation efforts, medical expenses, behavioral healthcare,
and certain public health and safety staff

Board Of Aldermen - Minutes - 9/8/2021 - P20

By dnadmin on Mon, 11/07/2022 - 07:09
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Om Dm Mm OD OD ODO DQ Mm

ARPA FUNDING PRESENTATION

Key Dates

KEY DATES RELATED TO THE RECOVERY FUND

January 27, 2020: Declaration of the public health crisis

March 3, 2021: Beginning of the Recovery Fund “covered period”

March 11, 2021: American Rescue Plan Act of 2021 (ARPA), Pub. L. No. 117-2

May 11, 2021: U.S. Treasury issues Interim Final Rule

July 9, 2021: Deadline to comment on U.S. Treasury’s Interim Final Rule on Recovery Fund
Late July, 2021: Treasury issues Final Rule

Board Of Aldermen - Minutes - 9/8/2021 - P19

By dnadmin on Mon, 11/07/2022 - 07:09
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UMS
Background and History

US Treasury CLFRF Resources

Coronavirus State and Local Fiscal Recovery
Funds — US Treasury webpage
Interim Final Rule

FAQs
Fact Sheet

Quick Reference Guide
Allocation for Metropolitan Cities

Board Of Aldermen - Minutes - 9/8/2021 - P18

By dnadmin on Mon, 11/07/2022 - 07:09
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US

Background and History

The U.S. Treasury Department announced that Nashua will receive $16,138,777 in federal
funding as part of the American Rescue Plan Act.
° $1.2 million is needed for FY ‘22 revenue replacement -&- $500K for Back-Up Servers
¢ Approximately $14,438,777 available

Board Of Aldermen - Minutes - 9/8/2021 - P17

By dnadmin on Mon, 11/07/2022 - 07:09
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US

Background and History

On March 11, 2021, the President of the United States signed into law the American

Rescue Plan Act of 2021 (ARPA), Pub. L. No. 117-2. This law provides resources through the
new Coronavirus Local Fiscal Recovery Fund (CLFRF) to local governments to respond to
the public health emergency caused by the Coronavirus Disease (COVID-19).

The American Rescue Plan (ARP) Act of 2021 is a historic $1.9 trillion economic stimulus
bill. Within the ARPA, the Coronavirus Local Fiscal Recovery Fund provides $350 billion

Board Of Aldermen - Minutes - 9/8/2021 - P16

By dnadmin on Mon, 11/07/2022 - 07:09
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City of Nashua

AMERICAN RESCUE PLAN
A

FUNDING PRESENTATION

september 8, 2021

Tim Cummings, Director
ATER te
Cheryl Lindner, Chief of Staff

Board Of Aldermen - Minutes - 9/8/2021 - P15

By dnadmin on Mon, 11/07/2022 - 07:09
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Special Board of Aldermen 09-08-2021 Page 15
Tim Cummings Economic Development Director

Thank you.

ADJOURNMENT

MOTION BY ALDERMAN O’BRIEN THAT THE SEPTEMBER 8, 2021, SPECIAL MEETING OF THE BOARD OF
ALDERMEN BE ADJOURNED BY ROLL CALL

A viva voce roll call was taken to adjourn the Special Board of Aldermen meeting which resulted as follows:
Yea: Alderman O’Brien, Alderman Klee, Alderwoman Kelly, Alderman Dowd,

Alderman Caron, Alderman Lopez, Alderman Tencza, Alderwoman Lu,

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