MODIFICATION TO COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM AGREEMENT BETWEEN THE COUNTY OF DUPAGE AND ALMOST HOME KIDS PROJECT NUMBER CD21-08
WHEREAS, the Illinois General Assembly has granted COUNTY authority to make all contracts and do all other acts in relation to the property and concerns of the county necessary to the exercise of its corporate powers (Illinois Compiled Statutes, Chapter 55, paragraphs 5/5-1005), and to enter into agreements for the purposes of receiving funds from the United States government under the "Housing and Community Development Act of 1974", and other subsequent housing acts, and may disburse those funds and other county funds for community development and other housing program activities (Illinois Compiled Statutes, Chapter 55, paragraph 5/5-1093); and
WHEREAS, COUNTY has been a participating jurisdiction in the United States Department of Housing and Urban Development's ("HUD's") Housing and Community Development Program since 1975, and has applied for Community Development Block Grant Funds ("CDBG") from HUD as provided by the Housing and Community Development Act of 1974, as amended (P.L. 93-383)("ACT"); and
WHEREAS, on September 14, 2021, the COUNTY and ALMOST HOME KIDS, an Illinois not-for-profit corporation ("AHK") entered into an Agreement for the purpose of providing Community Development Block Grant (CDBG) Program funding in the amount of $351,275.00 for Project CD21-08, pursuant to County Board Resolution HHS-R-0086-21, funding was secured by a Mortgage recorded against the property as document number R2021-173104, said mortgage was modified by a Mortgage Modification Agreement recorded as document number R2022-107424 to decrease the lien to $246,925.42; and
WHEREAS AHK has entered into a Merger Agreement with Ann & Robert H. Lurie Children's Hospital of Chicago (Lurie Children's), which outlines that all assets, properties, rights, privileges, immunities, and powers of AHK sha...
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