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Ord 32-2020 Special Revenue Fund CARES Act Funding $5,849,910 6/2/2020Ordinance No. 32-2020 Ordinance making an appropriation to the Special Revenue Fund for a reimbursement grant up to $5,849,910 for COVID-19 response as outlined in 601(a) of the Social Security Act, as added by section 5001 of the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") WHEREAS, the City of Wichita Falls has been notified that it is eligible to receive TDEM funding from the CARES Act in an amount up to $5,849,910 for qualifying COVID- 19 expenditures and with no cash match required; and, WHEREAS, these funds can be drawn down by the City, for qualifying expenditure reimbursement; and, WHEREAS, the City will not use these funds for lost revenue replacement; and, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: There is appropriated up to $5,849,910 in the special revenue fund for COVID-19 response as outlined in 601(a) of the Social Security Act, as added by section 5001 of the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"), and the City Manager is authorized to execute all documents necessary to accept said funds on behalf of the City of Wichita Falls. PASSED AND APPROVED this the 2nd day of June, 2020. ATTEST: aL B City Clerk