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18 <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> American Rescue Plan Act <br /> Round 2 Allocations <br /> December 14, 2021 <br /> Board of Commissioners <br /> Business Meeting <br /> 1 <br /> 2 <br /> 3 Slide #2 <br /> Summary to date <br /> American Rescue Plan Act(ABPA) <br /> $28.8 million inial alocalkon <br /> Obligate by December 31,2424 <br /> Exyerrd by L ecernkw 31.2025 <br /> RecooGiliatiOn al Funds <br /> TQta1A11ocadon $ 29,830,722 <br /> IrAlal Allocallons-Jw"12021 i S 12.466,261 <br /> I+"Ilgsbla ERpandduna-Dsce mbar 5,2D21 3 12,462.4391 <br /> Outsde Rge^cies-Ds err:t-L-5,2+21 $ 11.729,9531 <br /> TWalRour,diA-Vocation-Revised S 812831M <br /> Balance WARPA klocaBon 12.14-21121 $ 20,555,863 <br /> EII®Iblllty different from Coronavirus Aid,Relief,and ` <br /> Economle SecurllyA�ci,[CARES Acly f�.NrF COUNTY <br /> Ae�li rwr. <br /> 4 <br /> 5 <br /> 6 Commissioner McKee asked if funds were set aside for broadband infrastructure. <br /> 7 Travis Myren said these funds are included in the Total Round 1 Allocation-Revised <br /> 8 amount. <br /> 9 Chair Price clarified that the full $20 million could not be drawn down at one time. <br /> 10 Travis Myren said yes, and resumed the PowerPoint presentation: <br /> 11 <br /> 12 <br />