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A RESOLUTION TO DIRECT CSBG LOAN PROCEEDS TO DUPAGE SOCIAL SERVICES ASSOCIATION TO BE UTILIZED FOR DIRECT CLIENT ASSISTANCE
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WHEREAS through the Community Services Block Grant (“CSBG”) program and under the direction of the Illinois Department of Commerce and Economic Opportunity, DuPage County participated in a statewide program to offer low interest loans to small businesses, and
WHEREAS Illinois Ventures for Community Action (“IVCA”) and its subsidiary First Illinois Ventures (“FIV”) were the non-profit entities created to manage the state-wide loan program and any additional proceeds from the loan program and its investments, and
WHEREAS the program has ended and IVCA and FIV are dissolving all assets related to the program, and
WHEREAS dissolved assets are not due to any CSBG participating agencies, and
WHEREAS loan proceeds and other program assets are being directed to entities at the sole discretion of IVCA and FIV, and
WHEREAS all proceeds will be returned as unrestricted funds to be utilized at the discretion of the receiving entities, and
WHEREAS DuPage Social Services Association (“DSSA”) is a 501(c)(3) organization created by the County in the 1990s exclusively to provide small amounts of direct financial assistance to County residents in need.
NOW BE IT THEREFORE RESOLVED that the County Board of DuPage County acknowledges IVCA and FIV may direct proceeds to the DuPage Social Services Association, and that said payment be made payable to DuPage Social Services Association, 421 N. County Farm Rd., Wheaton, IL 60187, Attn: Mary Keating, President.
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Enacted and approved this 25th day of February, 2025 at Wheaton, Illinois.
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DEBORAH A. CONROY, CHAIR
DU PAGE COUNTY BOARD
Attest: ___________________________________
JEAN KACZMAREK, COUNTY CLERK