by Geoff Fox
Under the recently passed American Recovery Plan (ARP), direct aid has been earmarked for state and local recovery funds.
Town officials said Hancock reportedly could see $1,277,000 of that stimulus package, which Mayor Ralph Salvagno said was a “pretty incredible amount.”
The purpose and use of the monies is to provide essential workers a premium pay; cover revenue loss occurred due to COVID-19; make necessary investments in water, wastewater, and broadband infrastructure; and respond or mitigate COVID-19 health emergencies or negative economic impacts including assistance to households, small businesses, and non-profits as well as aide for tourism and hospitality.
“It’s my understanding that a certain portion will be allocated within 60 days,” Salvagno said. The second part will come a year after.
The promised $1.28 million would put the town in a good spot moving forward with tourism and infrastructure projects already in place, the mayor said.