TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: Discussion and Direction Regarding the Reallocation of Coronavirus State and Local Fiscal Recovery Funds from Wellen Park General Government Building to Fire Station 81 Renovation.
Recommended Action
Possible redirection regarding the use of Coronavirus State and Local Recovery Funds.
Background Information
The following provides a chronological order of events regarding the Coronavirus State and Local Recovery Funds:
> June 7, 2021: The City of North Port, a direct recipient of Coronavirus State and Local Fiscal Recovery Funds (SLFRF), received $4,213,679.50 on June 7, 2021 from the U.S. Department of the Treasury (U.S. Treasury) and received $4,213,679.50 on June 9, 2022, for a total of $8,427,359.00.
> April 12, 2022: During the City Commission Regular Meeting, a motion was made to approve using Coronavirus State and Local Recovery Funds for the one-time standard allowance or revenue loss, allowing expenditure flexibility. This allows funding flexibility for any general government expense. Selecting this option did not change the priorities already selected and approved by the Commission.
> The following projects currently have SLFRF fund allocations:
Project Name Total Allocated
* Toledo Blade Boulevard/I-75 Water and Sewer $ 645,587.00
* Sumter Boulevard/I-75 Water and Sewer $3,809,492.00
* General Fund Budget Fiscal Year 2023 $ 570,000.00
* City Website Improvements $ 100,000.00
* Wellen Park General Government Building $2,000,000.00
* Hillsborough Boulevard/Cranberry Boulevard Intersection Improvements $1,302,280.00
> May 1, 2023: During the City Commission Workshop, staff reported issues with two projects:
1. Wellen Park General Government Building: $1.6 million from the Building Fund was moved out of the project creating a funding shortfall and delay in construction...
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