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File #: ORD. 2021-105    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 4/27/2021 In control: City Council
On agenda: 5/10/2021 Final action: 5/10/2021
Title: To provide that the Director of Finance shall credit all funds received by the City, whether from the United States government, the Commonwealth of Virginia, or otherwise, provided pursuant to the American Rescue Plan Act of 2021 to a special reserve assigned for purposes authorized by such Act.
Patrons: President Newbille, Vice President Robertson
Attachments: 1. Ord. No. 2021-105

Title

To provide that the Director of Finance shall credit all funds received by the City, whether from the United States government, the Commonwealth of Virginia, or otherwise, provided pursuant to the American Rescue Plan Act of 2021 to a special reserve assigned for purposes authorized by such Act. 

Body

THE CITY OF RICHMOND HEREBY ORDAINS:

§ 1.                     That the Director of Finance shall credit all funds received by the City, whether from the United States government, the Commonwealth of Virginia, or otherwise, provided pursuant to the American Rescue Plan Act of 2021, H.R. 1319, 117th Cong., 1st Sess. (2021-2022) (the “Act”), to a special reserve assigned for purposes authorized by the Act for future appropriation by the Council of the City of Richmond only for expenditures authorized by the Act.

§ 2.                     This ordinance shall be in force and effect upon adoption.