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Record No: Res 32024    Version: 1 Council Bill No:
Type: Resolution (Res) Status: Adopted
Current Controlling Legislative Body City Clerk
On agenda: 11/22/2021
Ordinance No:
Title: A RESOLUTION adopting revised financial policies for the Emergency Fund.
Sponsors: Teresa Mosqueda
Attachments: 1. Att A – Emergency Fund Financial Policies
Supporting documents: 1. Summary and Fiscal Note, 2. Summary Att A – Emergency Fund Financial Policies (Track Changes), 3. Signed Resolution 32024, 4. Affidavit of Publication
RESOLUTION __________________
A RESOLUTION adopting revised financial policies for the Emergency Fund.
WHEREAS, the Mayor and City Council are committed to maintaining high standards of financial management; and
WHEREAS, adopting and periodically updating financial policies are important actions that help to ensure consistent and rational financial planning and management; and
WHEREAS, Resolution 31717 revised financial policies for the Emergency Subfund; and
WHEREAS, as part of the City's conversion from SUMMIT to PeopleSoft 9.2, the Emergency Subfund was renamed the Emergency Fund; and
WHEREAS, the World Health Organization (WHO) has declared that the Coronavirus Disease 2019 (COVID-19) is a global pandemic; and
WHEREAS, on February 29, 2020, the Washington Governor issued Proclamation 20-05, proclaiming a state of emergency for all counties throughout the state of Washington in response to new cases of COVID-19; and
WHEREAS, in response to outbreaks of COVID-19 in Seattle, Mayor Jenny Durkan proclaimed a civil emergency exists in Seattle in the Mayoral Proclamation of Civil Emergency dated March 3, 2020; and
WHEREAS, on March 5, 2020, the City Council adopted Resolution 31937 affirming the civil emergency, modifying orders transmitted by the Mayor related to the emergency, and establishing Council's expectations related to future orders and reporting by the Mayor during the civil emergency; and
WHEREAS, on March 13, 2020, the President of the United States declared a national state of emergency in response to the COVID-19 pandemic; and
WHEREAS, on March 23, 2020, the Governor issued a "Stay Home, Stay Healthy" order, which, combined with other measures taken to prevent the transmission of COVID-19, effectively closed many businesses in the state of Washington; and
WHEREAS, the immediate economic impacts from the COVID-19 emergency have been drastic and are expected to last much longer than the civil emergency itself; and
WHEREAS, th...

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