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File #: FI-R-0246-24    Version: 1
Type: Finance Resolution Status: Adopted
File created: 12/4/2024 In control: Finance Committee
On agenda: 12/10/2024 Final action: 12/10/2024
Title: RESOLUTION APPROVING A SECOND AMENDMENT TO THE GRANT AGREEMENT BETWEEN THE COUNTY OF DUPAGE AND CHOOSE DUPAGE FOR PARTICIPATION IN THE CHICAGOLAND ECONOMIC PARTNERSHIP INITIATIVE
Attachments: 1. Exhibit A_Choose DuPage_2nd Amendment GCEP_Agreement

 

title

RESOLUTION APPROVING A SECOND AMENDMENT

TO THE GRANT AGREEMENT BETWEEN THE COUNTY OF DUPAGE

AND CHOOSE DUPAGE FOR PARTICIPATION IN

THE CHICAGOLAND ECONOMIC PARTNERSHIP INITIATIVE

resolution

 

WHEREAS, Resolution FI-R-0343-22 was adopted by the DuPage County Board on August 23, 2022; and

 

WHEREAS, said Resolution approved a grant agreement in the amount of $750,000 between DuPage County and Choose DuPage, which allowed for the use of American Rescue Fund Act funds for a regional economic development initiative with City of Chicago, Cook County, DuPage County, Kane County, Kendall County, Lake County, Will County, and McHenry County; and

 

WHEREAS, the DuPage County Board adopted Resolution FI-R-0131-24 on August 13, 2024 which decreased the grant amount by $266,000, resulting in an amended grant amount of $484,000; and

 

WHEREAS, the County seeks to further decrease the grant amount by an additional $29,675.12, resulting in an amended grant amount of $454,324.88.

 

NOW, THEREFORE, BE IT RESOLVED, that the DuPage County Board approves the attached amended grant Agreement (“Exhibit A”) between the County and Choose DuPage; and

 

BE IT FURTHER RESOLVED, that the DuPage County Board hereby directs the DuPage County Board Chair to execute the amended grant Agreement between the County and Choose DuPage.

end

 

Enacted and approved this 10th day of December, 2024 at Wheaton, Illinois.

 

 

 

________________________________

DEBORAH A. CONROY, CHAIR

DU PAGE COUNTY BOARD

 

 

 

Attest: ___________________________________

JEAN KACZMAREK, COUNTY CLERK