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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 i...

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