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HomeMy WebLinkAboutResolutions - 2021.08.05 - 34777MISCELLANEOUS RESOLUTION #21310 August 5, 2021 BY: Commissioner William Miller, Economic Development and Infrastructure Committee IN RE: ECONOMIC DEVELOPMENT AND BOARD OF COMMISSIONERS — APPROPRIATION OF AMERICAN RESCUE PLAN ACT LOCAL FISCAL RECOVERY FUNDS FOR THE SPONSORSHIP OF 2021 ARTS, BEATS AND EATS FESTIVAL IN PARTNERSHIP WITH THE CITY OF ROYAL OAK To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: WHEREAS Arts, Beats & Eats was founded in 1997 to celebrate the quality of life in Oakland County by offering a culturally unique presentation of artists, musicians and food exhibits, from the Metro Detroit area and throughout the United States; and WHEREAS Arts, Beats & Eats is held annually on Labor Day weekend in the City of Royal Oak; and WHEREAS Arts, Beats & Eats has a strong history of drawing significant economic activity and interest to Oakland County, with as many as 400,000 people attending the four -day festival and raising more than $5 million for local charities since its inception. The economic impact of the festival to the region has been measured at $39 million, according to the event's website; and WHEREAS Oakland County government has a long history of active support of the Arts, Beats and Eats festival, including partnering through sponsorship of the event; and WHEREAS due to public health precautions, the event was officially canceled in 2020. In place of the event, virtual and small-scale activities occurred in the spirit of the festival's history of celebrating art, music, and food. WHEREAS Oakland County has been allocated $244,270,949 in Local Fiscal Recovery Funds from the American Rescue Plan and has received the first of two expected disbursements in the amount of $122,135,474.50; and WHEREAS the U.S. Department of Treasury issued its guidance for qualified uses of the $350 billion Local Fiscal Recovery Funds (LFRF) included in the American Rescue Plan Act (ARPA). Aid provided to tourism, travel, and hospitality industries or organizations is detailed as an eligible use; and WHEREAS the City of Royal Oak has received $28,107,502 in American Rescue Plan Act Local Fiscal Recovery Funds; and WHEREAS a dollar -for -dollar matching sponsorship of up to $125,000 with the City of Royal Oak of the 2021 Arts, Beats and Eats festival would leverage Oakland County's American Rescue Plan funds for a strong investment of as much $250,000 towards attracting economic and cultural activity in Oakland County as well as measurably support the travel, tourism and hospitality sectors negatively economically impacted by the COVID-19 pandemic. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners authorizes the one-time expenditure of up to $125,000 in ARPA Local Fiscal Recovery Funds for sponsorship of the 2021 Arts, Beats and Eats festival. BE IT FURTHER RESOLVED that the final amount of this expenditure will be a dollar -for -dollar match, equal to the amount of LFRF funds expended by the City of Royal Oak for sponsorship of the 2021 Arts, Beats and Eats festival, not to exceed $125,000. BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners authorizes the appropriation of $125,000 of ARPA Local Fiscal Recovery Funds for the purpose of sponsoring the 2021 Arts, Beats and Eats festival. BE IT FURTHER RESOLVED that approval of appropriations of American Rescue Plan Act — Local Fiscal Recovery Funds for programs and services by Oakland County shall not obligate a commitment of the General Fund, unless authorized by action of the Board of Commissioners. BE IT FURTHER RESOLVED that the Department of Economic Development shall act as the grant administrator for the matching sponsorship of the Arts, Beats and Eats festival. The Department shall release sponsorship funding upon confirmation of the release of funds in an equal or greater amount by the City of Royal Oak. The Chairperson of the Board Is authorized to execute the grant amendment, subject to review by Corporation Counsel. BE IT FURTHER RESOLVED that the FY 2021 Budget be amended as follows: ARP LOCAL FISCAL RECOVERY FUND (#21285) FY 2021 Project: XXXXXXXXXXXX ARP - ARTS BEATS AND EATS SPONSORSHIP Bud Ref: 2021 Activity: GLB Analysis: GLB Revenue 9010101-133095-610313 Federal Operating Grants $125,000 Total Revenue gg Expenditures 1090201-133095-731836 Sponsorship $125,000 Total Expenditures 25 000 Chairperson, on behalf of the Economic Development and Infrastructure Committee, I move the adoption of the foregoing resolution. Commissioner William Miller, District # 14 Chairperson, Economic Development and Infrastructure Committee ECONOMIC DEVELOPMENT AND INFRASTRUCTURE COMMITTEE VOTE: Motion carried unanimously on a roll call vote. Resolution #21310 August 5, 2021 Moved by Gingell seconded by Luebs the resolutions on the amended Consent Agenda be adopted. AYES: Gingell, Jackson, Kochenderfer, Kowall, Kuhn, Long, Luebs, Markham, McGillivray, Miller, Moss, Nelson, Powell, Spisz, Weipert, Woodward, Cavell, Charles, Gershenson. (19) NAYS: None. (0) A sufficient majority having voted in favor, the resolutions on the amended Consent Agenda were adopted. ��../nr111Tv T STATE OF MICHIGAN) COUNTY OF OAKLAND) I, Lisa Brown, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on August 5, 2021, with the original record thereof now remaining in my office. In Testimony Whereof, I have hereunto set my hand and affixed the seal of the Circuit Court at Pontiac, Michigan this 51h day of August, 2021. i� J�--, Lisa Brown, Oakland County