Finance Committee

FINANCE COMMITTEE WORKSHOP Thursday, September 16, 2021 at 9:00 a.m. City Hall - Large Conference Room 425 N. Richardson Roswell, NM 88201 Committee Chair: Jason Perry Committee Vice Chair: Juan Oropesa Committee Members: Jacob Roebuck, Margaret Kennard Staff Liaison: Juan Fuentes A. Call to Order B. Roll Call C. Approval of the Agenda D. Non-Action Item 1. Discussion and recommendations for the American Rescue Plan Funds. E. Public Participation F. Adjourn (Next Meeting: October 14, 2021) Notice of this meeting has been given to the public in compliance with Sections 10-15-1 through 10-15-4 NMSA 1978 and Resolution 21-07. NOTICE OF POTENTIAL QUORUM - A quorum of the City Council may or may not attend, but there will not be debate by the City Council. 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Get the app now and be ready when your first meeting starts: https://global.gotomeeting.com/install/822397005 Help desk - 500-0587  ROSWELL NEW MEXICO AGENDA ITEM ABSTRACT Committee Workshop Item No. Meeting Date: 09/16/2021 COMMITTEE: Finance CONTACT: Juan Fuentes CHAIR: Jason Perry NON-ACTION ITEM: Discussion and recommendations for the American Rescue Plan Funds. BACKGROUND: Initiated by: Joe Neeb The American Rescue Plan Act provided $350 billion in emergency funding for state, local, territorial, and Tribal governments to respond to the COVID-19 public health emergency, or its negative economic impacts, including by providing assistance to households, small businesses, and nonprofits, or aid to impacted industries, such as tourism, travel, and hospitality; respond to workers performing essential work during the COVID-19 pandemic by providing premium pay to eligible workers of the State, territorial or Tribal government performing essential work or by providing grants to eligible employers that have eligible worker; provide government services, to the extent COVID-19 caused a reduction of revenues collected in the most recent full fiscal year of the State, territorial, or Tribal government; or make necessary investments in water, sewer, or broadband infrastructure. The City of Roswell allocation for ARP Funds is $11,751,501. Attached is the list of recommended projects for discussion and recommendation. FINANCIAL CONSIDERATION: None LEGAL REVIEW: None BOARD AND COMMITTEE ACTION: Finance Committee will meet on September 16, 2021 for discussion of this item. STAFF RECOMMENDATION: Discussion and recommendations for the American Rescue Plan Funds ATTACHMENTS American Rescue Plan Act Recommended List of Projects ARP Expenditure Categories  American Rescue Plan Act of 2021 Funding Roswell should receive a total of $11,700,000 from the American Rescue Plan funding. In July 2021, the City received the first half of those funds and should receive the second half in July 2022. Expenditure Category Staff Councilor Group Initial Description Recommendation Explanation Recommendation Recommendation Assistance to the Convention Center due to the impact of lost revenue from lodgers tax. With the severity of 2.11: Aid to Tourism, Travel or Hospitality decreased stays in the hotels, the Convention Center had to close its doors until hotel stays increase. The plan Generalize and expand assistance to all businesses not 2.9: Small Business Economic Assistance 2,000,000.00 2,000,000.00 is to pay for 6 months of debt service for the Center and provide equivalent amount in grants to the hotels just tourism related ones. (General) impacted by the COVID response. Grants may also be provided as incentives for lower rates for rooms for a period of time or capital improvements to the hotel to improve the stay. 1.7: Capital Investments or Physical Plant Museum. Museum is planning projects to improve their missions. Museum received $340,000 to assist with Total project estimate is $800,000. City portion is Changes to Public Facilities that respond to the 800,000.00 500,000.00 tourism improvements and the City intends to include infrastructure to assist with COVID related requirements expected to be closer to $500,000. COVID-19 public health emergency. allowing controlled entrances and ability to spread out visitors. 1.7: Capital Investments or Physical Plant Zoo Farmland Experience. Sponsorship funding from a local business will be coupled with these funds to create Changes to Public Facilities that respond to the 1,500,000.00 1,500,000.00 Generalized to Zoo Improvements a farmland exhibit and improved entryways meeting COVID related requirements of controlled entrances. COVID-19 public health emergency. 2.9: Small Business Economic Assistance 400,000.00 0.00 Aid to the ROAR program initiated through EDC Combine in item titled Business Improvement Grants. (General) 1.8: Other COVID-19 Public Health Expenses Purchase LED signage in strategic places including the convention center to increase our ability to share city (including Communications, Enforcement, 600,000.00 information. The limitations of this media created additional challenges with outreach during the pandemic Isolation/Quarantine) and will help get information out regarding vaccinations. Utility recovery for individuals behind on utility bill payments of more than 3 months. The City will need to 2.2 Household Assistance, Rent, Mortgage and reinstitute its payment procedures for all customers in the near future for water, sewer and trash. Many are Most recent estimate is closer to $800,000 in payment 1,000,000.00 800,000.00 Utility Aid still struggling with the impact of COVID, and layoffs. Depending on funding, we may be able to help some of delays. these customers with electric and gas grants as well. Transit support or support to entity supporting passengers or cargo. The City has plans to initiate a smaller bus 1.7: Capital Investments or Physical Plant as its primary fleet. The smaller fleet reduces the ability of larger groups within each bus. The layout increases Changes to Public Facilities that respond to the 300,000.00 300,000.00 the ability to serve the handicapped with these same vehicles and removes the requirement of finding skilled COVID-19 public health emergency. labor with CDL’s. 1.7: Capital Investments or Physical Plant Air Center Doghouse project. This hangar expansion provides for the larger planes that are stored on site to be Leave description in broader terms and state that funds Changes to Public Facilities that respond to the 1,000,000.00 2,500,000.00 maintained. The planes were parked due to covid. are for Air Center Hangars. COVID-19 public health emergency. Construction estimates for this project is $3,000,000. 2.11: Aid to Tourism, Travel or Hospitality 500,000.00 1,000,000.00 Investment for construction of the Great Blocks Project in Downtown. There is tentative expectations on State MainStreet funding of $1.4 million. 1.7: Capital Investments or Physical Plant Changes to Public Facilities that respond to the 580,000.00 580,000.00 Cemetery Columbarium and Communal Shelter. The use of these two items will assist with covid-safe funerals. COVID-19 public health emergency. Outreach. With the closure of the convention center, the City learned it needs a better location for its committee meeting structure. The importance of technology in today’s world cannot be understated and any 2.11: Aid to Tourism, Travel or Hospitality 100,000.00 0.00 room that the City houses its governmental structure needs to have this ability. Hardware and software updates need to be made available. 1.7: Capital Investments or Physical Plant Rec path and parks corrective work due to long closure. Increase staffing for Parks to repair damage done by Changes to Public Facilities that respond to the 1,750,000.00 0.00 closure of parks due to covid. COVID-19 public health emergency. 2.11: Aid to Tourism, Travel or Hospitality / 1.7: Capital Investments or Physical Plant 500,000.00 600,000.00 Reinstitute tourism marketing of public affairs Upgrade to Visitors Center with Fountain Changes to Public Facilities that respond to the COVID-19 public health emergency. Homeless work training program. The City is willing to help those who are truly seeking assistance to get back 3.5: Educational Assistance, Other 300,000.00 300,000.00 on their feet. By working with agencies, the City will provide work training services to assist those willing to work. 1.7: Capital Investments or Physical Plant Changes to Public Facilities that respond to the 0.00 1,500,000.00 Theater equipment for convention center and grounds COVID-19 public health emergency. improvements U.S. Treasury Department Expenditure 11,330,000.00 11,580,000.00 Total Categories for American Rescue Plan 370,000.00 120,000.00 Funds Remaining