Referred to: The American Rescue Plan Act Special Committee (Charmain Criswell and Legislators Corcoran, Levine, Lopez, and Sperry), The Economic Development, Planning, Education, Employment, Arts and Agriculture Committee (Chairman Cahill and Legislators Corcoran, Criswell, Hewitt, Litts, Maloney and Sperry), The Public Works, Capital Projects and Transportation Committee (Chairwoman Petit and Legislators Fabiano, Litts, Nolan, and Stewart), and The Ways and Means Committee (Chairman Gavaris and Legislators Cahill, Fabiano, and Walter)

Chairman of the ARPA Special Committee, Peter J. Criswell, and Deputy Chair Thomas Corcoran, Jr. offer the following:

WHEREAS, this resolution has been submitted at the request of the County Executive on behalf of the Department of Finance; and

WHEREAS, the Ulster County Legislature passed Resolution No. 333 on August 2021 creating Capital Project No. 601, entitled “ARP Small Business and Economic Recovery”, to provide direct financial assistance to Ulster County’s most vulnerable businesses impacted by the COVID-19 pandemic; and

WHEREAS, Resolution No. 333 resolved that funding for capital project number 601 shall be subject to the further approval of the Ulster County Legislature; and

WHEREAS, the small business community continues to experience the adverse economic impacts of the COVID-19 pandemic; and

WHEREAS, the CARES act grant program previously approved and funded by the Legislature has expended all available funds and has demonstrated a broader need by the small businesses in Ulster County;

WHEREAS, $1,000,000.00 is currently needed as funding for funding Round 2 of the “Ulster County Cares Small Business Assistance Program;” now, therefore, be it

RESOLVED, that the 2022 Ulster County Capital Fund is hereby amended as follows:

INCREASE                                       AMOUNT

HH.8097.0601.4300.4505              Other Fees                                         $1,000,000

(App. #)

INCREASE                                       AMOUNT

HH.8097.0601.3400.4995              Federal Aid, ARPA                          $1,000,000

(Rev. #),        

and moves its adoption.

ADOPTED BY THE FOLLOWING VOTE:

AYES:                     NOES:               

Passed Committee: ARPA Special Committee on _____________.

Passed Committee: Economic Development, Planning, Education, Employment, Arts and Agriculture on _____________.

Passed Committee: Public Works, Capital Projects and Transportation on _____________.

Passed Committee: Ways and Means on _____________.

FINANCIAL IMPACT:

$1,000,000.00 – COUNTY CAPITAL FUND APPROPRIATIONS

$1,000,000.00 – FEDERAL CAPITAL FUND REVENUES