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HomeMy WebLinkAbout2021-08-09 Finance and Governance Minutesf' CD Councit Financei Governance Committee Meeting Minutes August 9, 2021 - 5:30 p.m. - Electronic Meeting due to COVID-19 Emergency Councilmembers Present: Zak Idan, Chair; Kathy Hougardy, Cynthia Delostrinos Johnson StoffPresent: David Cline, Rachel Bianchi, Tony Cullerton, Vicky Carlsen, Joel Bush Chair Idan called the meeting to order at 5:30 p.m. I. BUSINESS AGENDA A. American Rescue Plan Act (ARPA) Funds The Committee discussed possible uses for $5.78 million in ARPA funding which is subject to specific criteria and must be obligated by December 31, 2024. Considerations that were mentioned include: leave balance greater than 200K for unknowns, seek more information from SCORE, center equity in decision making, prioritize helping those hit hardest by COVID, fund more rental assistance, considerteen programming, support better health outcomes, use Community Connectors to better understand needs. Committee Recommendation Discussion only. MISCELLANEOUS Staff provided an update on the status of meeting room technology upgrades and a potential grant opportunity for citywide broadband. The meeting adjourned at 6:01 p.m. zi Committee Chair Approval Minutes by LH