Thursday, September 23, 2021 3:54 am

Mesa approves Sycamore Station, ponders $100M

By Tom Scanlon | East Valley Tribune

An Aug. 26 City Council study session discussed possible uses of $105 million in federal funding, via the $1.9 trillion American Rescue Plan Act.The ARPA included $360 billion “to mitigate the fiscal effects stemming from the public health emergency with respect to the coronavirus disease.” 

According to a presentation by Michael Kennington, Mesa’s chief financial officer, the city has certified and received $52.7 million from the federal government. “The remaining 50 percent is expected to be received in May of 2022.”

He outlined eligible uses for the funds:

•Responding to public health needs and economic damage from the pandemic.

•Providing premium (i.e. hazard) pay for essential workers.

•Replacing lost revenue.

•Investing in necessary water, wastewater and/or broadband infrastructure.

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