HomeMy WebLinkAboutItem 11 - COVID-19 ExpensesMEMOTO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER
MEETING DATE: MAY 19, 2020
SUBJECT: APPROVAL OF INTERLOCAL AGREEMENT WITH TARRANT COUNTY
FOR RECEIPT FUNDS FOR COVID-19 ELIGIBLE EXPENSES
RECOMMENDATION: City Council to consider an interlocal agreement with Tarrant County for
the receipt of funds for COVID-19 eligible expenses.
FUNDING SOURCE: Tarrant County reimbursement for COVID-19 eligible expenses
BACKGROUND: The Coronavirus Aid, Relief, and Economic Stability Act (CARES Act) was
approved by Congress in March 2020 and provides payments to state,
local, and tribal governments navigating the impact of the COVID-19
outbreak. The $150 billion relief fund is accessible directly to cities and
counties that have a population that exceeds 500,000. Although
Grapevine's population does not meet the required threshold, Tarrant
County received funding in the amount of $210 million, which it will
distribute to cities within Tarrant County.
It is anticipated that Grapevine will receive $2.7 million from the county.
Staff recommends approval.
11-V