ITEM TITLE:
Consider renewing an agreement with Floyd & Driver, PLLC to assist the City with regulatory requirements associated with funding received in connection with the American Rescue Plan Act of 2021 and authorize the execution of the agreement.
INITIATOR: John Ratliff, City Attorney
STAFF INFORMATION SOURCE: Timothy Wilson, Deputy City Attorney
BACKGROUND: The City engaged Floyd & Driver, PLLC to assist the City in ensuring compliance with funding received in connection with the American Rescue Plan Act of 2021. The proposed renewal includes no additional charge for services, other than direct out of pocket expenses (travel, copying, filing fees etc.). Should the City apply for and receive additional ARPA funding, the firm would charge a five percent (5%) fee.
EXHIBIT: Floyd & Driver, PLLC Agreement
KEY ISSUES: N/A
FUNDING SOURCE: ARPA grant funds
STAFF RECOMMENDED COUNCIL ACTION: Approve the renewed agreement with Floyd & Driver, PLLC, and authorize the Mayor and City Clerk to execute the agreement.