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FY2021-07 Spending Plan For Cares Funding1 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 Introduced by: Borough Manager Michael Powers Drafted by: Borough Manager Michael Powers Introduced on: 07/16/2020 Adopted on: 07/16/2020 KODIAK ISLAND BOROUGH RESOLUTION NO. FY2021-07 A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH SPENDING PLAN FOR CARES FUNDING. WHEREAS, CARES funding was approved by the federal government to assist states and local jurisdictions with dealing with the COVID19 pandemic and; WHEREAS, the State of Alaska has prepared a process that the Kodiak Island Borough has engaged to receive and use CARES ACT funds in accordance with federal law and policy guidance by the Department of Treasury; and WHEREAS, the use of funds by the Borough is restricted to COVID19 expenses; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT CARES funds will be allocated in the following manner: Borough Physical Improvements To Building, Staff Time, Leave Time, Elections, PPE, and Related Supplies, Reserve $1.2M; Non -profits: Losses Of Income, Physical Improvements, Materials Related To Their Mission, PPE, and Related Supplies, $500,000; School District: Physical Improvement: Barriers, Custodial Staffing, PPE Supplies, Distance Learning, and Loss Of Revenue, $1.57M; Kodiak Economic Development Corporation: Business Grant Program (COVID19 Impacts and Loss Of Revenue), $1.OM; Kodiak Island Borough, Alaska Resolution No. FY2021-07 Page 1 of 2 37 W 39 Fro, 41 42 43 44 45 46 47 48 49 50 51 Reserved: Held For Additional Requests, Unknown Fall Impacts. $1.5M. ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS SIXTEENTH DAY OF JULY 2020. KODIAK ISLANP BO OUCH illiam oberts, Mayor VOTES: Ayes: Skinner, Symmons, Arndt, and Dvorak Noes: Kavanaugh and Schroeder Kodiak Island Borough, Alaska Resolution No. FY2021-07 Page 2 of 2