Minutes 08/08/2017 - Laserfiche WebLink

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August 8, 2017 17 - 343 - Adoption of an ordinance accepting Public Assistance Grant revenue in the amount of $448,202.32 from the Virginia Department of Emergency Management (VDEM) and the Federal Emergency Management Agency (FEMA) for reimbursement of costs associated with Hurricane Matthew and increasing FY 2018 General Fund revenue by $133,031.64, FY 2018 Public Utilities Fund revenue by $44,487.66, FY 2018 Waste Management Fund Revenue by $268,563.30, and FY 2018 Golf Fund revenue by $2,119.72. Background:  On October 7-8, 2016, Hurricane Matthew brought heavy rains and winds to the region. City costs associated with the preparation for the event and repairs and clean-up after the event were submitted as part of the Public Assistance Grant Program through VDEM and FEMA.  FEMA has approved total costs of $492,530.03. Under the Program, the federal share of the total approved cost is 75% and the non-federal share is 25% (16% state and 9% local). Therefore, FEMA will provide the city with a reimbursement in the amount of $369,397.52 (75% of the approved cost), and VDEM will provide the city with a reimbursement in the amount of $78,804.80 (16% of the approved cost).  The purpose of this ordinance is to accept the total reimbursement provided by FEMA and VDEM ($448,202.32) as revenue. Discussion:  City staff is following the grant program guidelines and federal regulations.  The revenue reimbursement will be made to the city once the award package is signed. Financial Impact:  FY 2018 revenue will be increased in each fund as follows: General Fund revenue, $133,031.64; Public Utilities fund revenue, $44,487.66; Waste Management fund revenue, $268,563.30; and Golf Fund revenue, $2,119.72. Staff Recommends:  Adoption of the ordinance. Next Steps Following Council Action:  The Finance Department will make the necessary budget adjustments. In addition, the City Manager will sign the award letter and the package will be submitted to VDEM. Motion by Mr. Moody, and seconded by Ms. Psimas, to adopt the following ordinance, and was adopted by the following vote: “ORDINANCE ACCEPTING PUBLIC ASSISTANCE GRANT REVENUE IN THE AMOUNT OF $448,202.32 FROM THE VIRGINIA DEPARTMENT OF EMERGENCY MANAGEMENT AND THE FEDERAL EMERGENCY MANAGEMENT AGENCY FOR REIMBURSEMENT OF COSTS ASSOCIATED WITH HURRICANE MATTHEW AND INCREASING FY 2018 GENERAL FUND REVENUE BY $133,031.64, FY 2018 PUBLIC UTILITIES FUND REVENUE BY $44,487.66, FY 2018 WASTE MANAGEMENT FUND REVENUE BY $268,563.30, AND FY 2018 GOLF FUND REVENUE BY $2,119.72.” Ayes: Cherry, Clark, Moody, Psimas, Whitaker, Rowe Nays: None 17 - 344 - Adoption of an ordinance accepting a Local Government Challenge grant in the amount of $4,500 from the Virginia Commission for the Arts and appropriating said funds in the FY 2018 Grants Fund for use by the Department of Museums to support the Tidewater Arts Outreach program.