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File #: FI-R-0237-23    Version: 2
Type: Finance Resolution Status: Adopted
File created: 10/5/2023 In control: Economic Development Committee
On agenda: 10/17/2023 Final action: 10/24/2023
Title: SERVICE AGREEMENT BETWEEN THE COUNTY OF DUPAGE AND CHOOSE DUPAGE FISCAL YEARS 2024 AND 2025
Attachments: 1. Choose DuPage Service Agreement FY24 FY25, 2. Memo for EDC_Redacted

 

title

SERVICE AGREEMENT
BETWEEN THE COUNTY OF DUPAGE AND CHOOSE DUPAGE
FISCAL YEARS 2024 AND 2025

resolution

 

WHEREAS, Choose DuPage is a not-for-profit Economic Development Corporation existing under the laws of the State of Illinois and organized for the purpose of promoting the economic development of DuPage County; and

WHEREAS, Choose DuPage represents the cooperative effort between the interests of business and government, and is a partnership between business and government, including the County of DuPage (“County”), charged with advancing the economy of DuPage County by, amongst other methods, promoting job creation and retention within DuPage County; and

WHEREAS, the County desires to support and assist Choose DuPage in furtherance of the not-for-profit’s endeavors and, historically, has rendered such support in the form of financial assistance; and

WHEREAS, an existing Service Agreement between the County of DuPage and Choose DuPage, which among other things, sets forth an arrangement whereby the County and Choose DuPage cost-share certain services, was originally adopted by the DuPage County Board on the 27th day of October 2009 and has been subsequently renewed with the current agreement set to expire on November 30, 2023; and

WHEREAS, the County desires to continue its support of Choose DuPage with a new Service Agreement, attached hereto, which shall take effect on December 1, 2023; and

WHEREAS, the County agrees to support Choose DuPage by providing monthly financial assistance; and

WHEREAS, the value of such financial assistance shall be in an amount not to exceed the County’s Contribution Limit, to be specified annually by the DuPage County Board; and

WHEREAS, any payments made to Choose DuPage shall be used for business activities that support economic development endeavors; and

WHEREAS, Choose DuPage agrees to incur all other costs associated with its day-to-day operations; and

WHEREAS, the attached Service Agreement shall control the relationship between the County and Choose DuPage, in part, with regard to the County’s support of Choose DuPage and in part in return for securing private sector investment within the County.

 

 

 

NOW THEREFORE BE IT RESOLVED, by the DuPage County Board that the County is hereby authorized to enter into the Service Agreement with Choose DuPage, attached hereto, for the purpose of providing financial support and that the County Board Chair is directed to sign the aforesaid Agreement on behalf of the COUNTY; and

BE IT FURTHER RESOLVED that the County Clerk transmit copies of this resolution and any documents attached and made a part hereof, to Lisa Smith, State’s Attorney’s Office; the County Board Office c/o Joan Olson, Chief Communications Officer; Finance Department c/o Jeff Martynowicz, Chief Financial and Administrative Officer, 421 N. County Farm Road, Wheaton, Illinois 60187; and Choose DuPage, c/o Greg Bedalov, President and CEO, 2001 Butterfield Rd, Suite 235, Downers Grove, Illinois 60515.

 

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Enacted and approved this 24th day of October, 2023 at Wheaton, Illinois.

 

 

 

________________________________

 

DEBORAH A. CONROY, CHAIR

DU PAGE COUNTY BOARD

 

 

 

Attest: ___________________________________

 

JEAN KACZMAREK, COUNTY CLERK