A RESOLUTION
BY:
NO.
A RESOLUTION PURSUANT TO OHIO S.B. 310, AFFIRMING THAT CORONAVIRUS AID MONEY RECEIVED UNDER THE FEDERAL “CARES ACT” WILL BE USED FOR AUTHORIZED EXPENDITURES ONLY.

WHEREAS, the Coronavirus Aid, Relief, and Economic Security Act, 116 Public Law 136, (the CARES Act) was signed into law by the President of the United States on March 27, 2020; and

WHEREAS, the Ohio General Assembly established a process for distributing funds provided by the CARES Act in S.B. 310 of the 133rd General Assembly; and

WHEREAS, S.B. 310 requires subdivisions receiving funds under Section 1 of the act, to pass a resolution affirming that funds from the County Coronavirus Relief Distribution Fund may be expended only to cover costs of the subdivision consistent with the requirements of section 5001 of the CARES Act as described in 42 U.S.C. 801(d), and any applicable regulations before receiving said funds; and

WHEREAS, the city of Oakwood is requesting its share of funds from the County Coronavirus Relief Distribution Fund;

NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF OAKWOOD, MONTGOMERY COUNTY, OHIO:

SECTION I.
Council hereby affirms that all funds received from the County Coronavirus Relief Distribution Fund pursuant to S.B. 310 may only be expended, consistent with the requirements of section 5001 of the CARES Act, as described in 42 U.S.C. 801(d) and any applicable regulations and guidance, to cover expenses that:

(1)
Are necessary expenditures incurred due to the public health emergency with respect to the Coronavirus Disease 2019 (COVID-19);
(2)
Were not accounted for in the City’s most recently approved budget as of March 27, 2020; and
(3)
Were incurred during the period that begins on March 1, 2020, and ends on December 30, 2020;

And, Council further authorizes the Director of Finance to take all necessary action to:

(1)
On or before October 15, 2020, pay any unencumbered balance of money in the City’s local coronavirus relief fund to the County Treasurer;
(2)
On or before December 28, 2020, pay the balance of any money in the City’s local coronavirus relief fund to the state treasury in the manner prescribed by the Director of the Ohio Office of Budget and Management; and
(3)
Provide any information related to any payments received under S.B. 310 to the Director of the Ohio Office of Budget and Management as requested.

SECTION II.
This resolution shall take effect as of the day of its passage.

PASSED BY THE COUNCIL OF THE CITY OF OAKWOOD, this ___ day of ________________, 2020.

Mayor William D. Duncan