Metropolis Council discusses spending $ 25 million in US bailout funds

Town of Midland has acquired recommendation from the federal authorities to spend $ 25 million in American Rescue Plan Act funds designed to assist entities and communities get well from financial losses related to the coronavirus pandemic.

Council members recognized three priorities for the usage of funds, they stated at Tuesday’s metropolis council assembly. These make the group, together with nonprofits, “as entire” as attainable, releasing up the final fund in order that it may be used for different tasks and rewarding vital workers who labored in the course of the pandemic. .

The American Rescue Plan lets you “pay bonuses” of as much as $ 13 an hour over a person’s common wage for these working in industries related to the pandemic response, stated Mark Mason, director of the pandemic. metropolis ​​funds.

The funds would prioritize low-income folks first, he stated. Town has the choice of giving grants to numerous industries and distributing the extra wage from there.

Metropolis workers additionally really useful that a part of the $ 25 million be used for water and sewer infrastructure. Utilizing US bailout funds for utility infrastructure would liberate cash that might then be used for highway repairs, Mason stated.

Town will obtain the funds in two installments; the primary tranche of $ 12.5 million has already been acquired. All funds have to be dedicated by December 31, 2024 and spent by December 31, 2026.

Moreover, on Tuesday, the council mentioned methods to distribute $ 1.2 million in block grant funds for group growth. A number of the factors mentioned have been:

– Assist house owners restore winter storm issues;

– $ 150,000 for town’s residence possession program;

–The senior vitamin program by Casa de Amigos;

– Enhancements to the Martin Luther King Jr Neighborhood Heart;

– Infrastructure help for Midland Visions 2000, a non-profit group that builds reasonably priced housing.

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