TRAVERSE CITY, Mich. (Michigan News Source) – Traverse City spent about half of the $1.65 million in American Rescue Plan Act (ARPA) money so far. That’s the money provided by the federal government to deal with the COVID-19 pandemic.
The biggest expenditure to date through November was $500,000 for the building of a a $10 million plus Senior Center. The city also handed out $110,800 in employee bonuses in December 2022. The city also has designated $200,000 to have new trees planted throughout the city. The city projects to have 2,215 new trees by fall of 2025.
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Since receiving the money in 2021, the city has made $44,500 in interest on the money.
The city has spent $873,937 through November and has $824,480 still remaining. By the end of this year, all ARPA money has to be obligated to a project or the municipality must return the money to the federal government.
The $1.8 trillion dollar ARPA was passed in March 2021.
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