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FY2023-09 Redirecting Previously Authorized ARPA Funds1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 Introduced by: Interim Borough Manager Thru the Mayor Drafted by: Finance Director Introduced on: 08/04/2022 Adopted on: 08/04/2022 KODIAK ISLAND BOROUGH RESOLUTION NO. FY2023-09 A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH REDIRECTING PREVIOUSLY AUTHORIZED AMERICAN RESCUE PLAN ACT (ARPA) FUNDS FOR THE BENEFIT OF THE RESIDENTS OF THE BOROUGH WHEREAS, the Kodiak Island Borough has been deemed eligible by the US Department of the Treasury for American Rescue Plan Act funds in the amount of $2,524,709 and will be paid in two tranches; and WHEREAS, the Kodiak Island Borough has received $1,262,354.50 and has expended those funds with Resolution No. FY2022-16 and after receiving further US Treasury guidance, desires to redirect $300,000 of those funds from the Hospital Memorandum of Understanding to the General Fund. NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH that the Interim Borough Manager is authorized to execute the expenditures for the item listed above. ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS FOURTH DAY OF AUGUST, 2022 KODIAK ISL 7 B OU lH i Wi am Ro erts, l4layor VOTES: Ayes: Arndt, Delgado, Smith, Smiley, and Turner Absent: Griffin and Williams Kodiak Island Borough, Alaska ATTEST: Nova M. Javier, M C, Clerk Resolution No. FY2023-09 Page 1 of 1