title
MODIFICATION TO LOAN AGREEMENTS BETWEEN THE
COUNTY OF DUPAGE AND ADVANCE RESOURCE RECOVERY CORPORATION, FKA SERENITY HOUSE FOUNDATION INC.
CD19-07 & CD22-07
resolution
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, SERENITY HOUSE COUNSELING SERVICES, INC. (SUBGRANTEE) had made application to COUNTY through its Community Development Commission ("CDC") for a portion of COUNTY's CDBG funds; and
WHEREAS, ADVACNE RESOURCE RECOVERY CORPORATION (AARC), Formerly Known As (FKA) SERENITY HOUSE FOUNDATION, INC., owns and operates the property identified within the application proposed for improvements, located at 891 S. Rohlwing Road, Addison, IL 60101; and
WHEREAS, SUBGRANTEE has a current lease agreement with AARC, and is currently the Lessee of the property proposed for improvements, which is used for substance abuse treatment programming, specifically, extended residential care treatment program ...
Click here for full text