- Published: September 9, 2021
— Public Notice —
CREATING A NEW FUND FOR THE PURPOSE OF RECEIVING AND EXPENDING AMERICAN
RESCUE PLAN DOLLARS
ORDINANCE 2021-26, VILLAGE OF YELLOW SPRINGS, OHIO
Interested persons will take note that the Village Council of Yellow Springs on Tuesday, Sept. 7, 2021, gave first reading to an ordinance, text to follow.
Council will give a second reading to consider passage into law during a public hearing on Monday, Sept. 20, 2021, via a virtual meeting.
WHEREAS, the American Rescue Plan Act of 2021, H.R. 1319, was signed into law by the President of the United States on March 11, 2021; and
WHEREAS, the U.S. Treasury and the Ohio Grants Partnership have established a process for distributing funds provided by the American Rescue Plan Act of 2021, H.R. 1319; and
WHEREAS, the Village of Yellow Springs has requested and received the first tranche of funds from the Ohio Grants Partnership,
WHEREAS, the Village of Yellow Springs intends to receive a second tranche of funds from the Ohio Grants Partnership to be distributed in 2022,
NOW, THEREFORE, COUNCIL FOR THE VILLAGE OF YELLOW SPRINGS, OHIO HEREBY ORDAINS THAT:
Section 1. The Finance Director is authorized to establish a new fund for the American Rescue Plan Act of 2021 and for any monies received through the ARPA in subsequent years pursuant to all accounting and auditing principles.
Section 2. The Finance Director is authorized to receipt monies into this fund from the Ohio Grants Partnership and to make appropriations as directed when such funds become available, and to make expenditures as permitted by law.
Section 3. This ordinance shall be in effect and in full force at the earliest date allowed by law.
Brian Housh, President of Council