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ARPA Spending Plan Memo Final CITY OF HOPKINS Memorandum To: Honorable Mayor and Council Members Mike Mornson, City Manager From: Nick Bishop, Finance Director Date: March 8, 2022 Subject: American Rescue Plan Act (ARPA) Spending Plan _____________________________________________________________________ PURPOSE The purpose of this update is to review a preliminary version of the ARPA Spending Plan. Staff is requesting input from City Council before a final version of the plan is presented for approval on April 5th. INFORMATION The plan is based on City Council priorities, community input and staff recommendations. A preliminary discussion of these items was held at the February 15th work session. This draft plan was created based on the feedback. The City has been allocated $2,018,224 of ARPA funds to be used by 12/31/2024. The allocation has been split into 4 different spending categories. Public Safety Hire 1 additional officer beginning on 1/1/2023. ARPA can support this position in 2023 & 2024. This would require general tax levy support in 2025. 260,000$ Mental Health & Community Safety 240,000$ 500,000$ Finance Department Economic Development Hire 1 additional planner beginning on 7/1/2022. This position would act as a planner, grant administrator and support economic development. ARPA can support this position in 2022-2024. This would require general tax levy support in 2025. 275,000$ Economic Development Programs/Grants 225,000$ 500,000$ Revenue Loss Art Center 318,224$ Depot (set aside, but not committing until consultation with Depot partners)35,000$ Parking 15,000$ Pavilion 250,000$ 618,224$ Miscellaneous Youth Work Force Development Program: A three year program developed with Hopkins Public Schools to focus on youth workforce readiness and recruitment for city positions. 100,000$ Diversity, Equity and Inclusion (DEI): A City Wide plan to focus on DEI in 2022-2024. 100,000$ 200,000$ Total Allocated 1,818,224$ This plan leaves $200,000 of unallocated funds. Some potential uses are police capital requests, Hopkins History Center at 907 Mainstreet or providing support to community organizations. FUTURE ACTION The April 5th City Council Meeting is being proposed to approve the plan. City staff would begin implementing the plan on April 6th.