The federal Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") established the Coronavirus Relief Fund to be used to make payments to States and certain local governments for COVID relief efforts. Collin County was a direct recipient of funding through this program.

The Collin County Commissioners Court has indicated their intention to allocate a portion of their funding for emergency rental assistance to the City of Allen in the amount of $2,909,435 to aid residents of Allen. The CARES Act requires that these funds be expended by December 30, 2021.

This Interlocal Agreement will result in over $2.9 million in COVID Relief funds to Allen residents. These are grant funds with no direct budgetary impact to the City's general fund.

Staff recommends that the City Council to adopt a Resolution approving an Interlocal Agreement with Collin County Regarding Funding and Implementation of the Emergency Rental Assistance Program funded by Collin County and the U.S. Treasury.

I make a motion to adopt Resolution No. ________________ approving an Interlocal Agreement with Collin County Regarding Funding and Implementation of the Emergency Rental Assistance Program funded by Collin County and the U.S. Treasury.