FY2023-17 Authorizing Acceptance of LATCA ARPA Grant Funds1
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Introduced by: Borough Manager
Drafted by: Finance Director
Introduced on: 12/01/2022
Adopted on: 12/01/2022
KODIAK ISLAND BOROUGH
RESOLUTION NO. FY2023-17
A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH AUTHORIZING
THE MANAGER TO APPLY FOR AND ACCEPT THE LOCAL ASSISTANCE AND TRIBAL
CONSISTENCY FUND (LATCF) GRANT, A PART OF THE AMERICAN RESCUE PLAN
(ARPA), FOR THE BENEFIT OF THE RESIDENTS OF THE BOROUGH AND TO DEPOSIT
THE FUNDS IN THE GENERAL FUND FOR FUTURE APROPRIATION
WHEREAS, the Kodiak Island Borough has been deemed eligible by the US Department of the
Treasury forAmerican Rescue Plan Act— Local Assistance and Tribal Consistency Fund (LATCF)
Funds in the amount of $4,787,173.04 to be paid in two tranches over two years; and
WHEREAS, the purpose of the LATCF program is to serve as
a general revenue enhancement program and is designed, in part, to supplement existing
federal programs that augment and stabilize revenues for these communities; and
WHEREAS, Kodiak Island Borough Code 3.25.040(A) calls for grants received which are not
identifiable to a specific fund or group of accounts to be deposited in the general fund; and
WHEREAS, the Assembly finds that the LATCF grant funds which are subject to general
limitations, and that Kodiak Island Borough Code 3.25.040(C) provides that grants funds received
which are subject to only general limitations must be appropriated by ordinance with an
appropriate budget amendment; and
WHEREAS, the funds accepted under the LATCF grant will require a subsequent ordinance
appropriating the funds before they may be expended.
NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH that:
Section 1: The Interim Borough Manager is authorized to execute the application for the LATCF
grant, to accept the funds if awarded, and deposit them in the general fund for future
appropriation.
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS FIRST DAY OF DECEMBER 2022.
Kodiak Island Borough, Alaska
Resolution No. FY2023-17
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