Title
Dept./ Agency: Administration/Office of Business Administrator
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Contract with Sub-recipient
Purpose: To provide Community Violence Prevention through Youth Menoring Program.
Entity Name: The Penny Foundation
Entity Address: P.O. Box 13181, Birmingham, Alabama 35203
Grant Amount: Not to exceed $269,442.00
Funding Source: American Rescue Plan Act of 2021 - Department of Treasury Coronavirus State and Local Fiscal Recovery/Funds/Business Unit: NW051, Dept. G21, Div./Proj. ARPN0, Activity A, Account #71280, Budget Ref. B2021/Dept. G22, Div./Proj. ARP2H, Activity A, Account #71280, Budget Ref. B2022
Grant Period: Grant funds to be expended, no later than November 30, 2024
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
(X) Fair & Open ( ) No Reportable Contributions (X) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) N/A
Additional Information:
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WHEREAS, on or about March 11, 2021, the 117th Congress of the United States and President Joseph R. Biden, officially enacted a $1.9 Trillion Dollar stimulus package, the American Rescue Plan Act of 2021 ("ARPA"), in response to the economic crisis brought on by the ongoing COVID-19 pandemic; and
WHEREAS, on or about May 19, 2021, the City of Newark (the "City") submitted an electronic portal application to the United States Department of Treasury for the American Rescue Plan Act of 2021 - Treasury's Coronavirus State and Local Fiscal Recovery Funds (the "Application"), and was notified that the City was being awarded a total amount of $176,667,606.00 (the "ARPA Award"); and
WHEREAS, on June 22, 2021, the Municipal Council adopted Resolution 7R1-a(s), authorizing the City's submission of the Application and the acceptance of the Award; and
WHEREAS, the ARPA Award has provided and will continue to provide the City with much ...
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