Title
Joint resolution accepting grant award and authorizing an emergency appropriation for Regional Stormwater Projects in the amount of $30,000,000 and funded by the Illinois Department of Commerce and Economic Opportunity (DCEO) in Fund 743 Lake County Regional Stormwater Management Projects Fund.
Staff Summary
* $122,098,000 was appropriated in Public Act 102-0017 for Regional Stormwater Projects in Lake County, to be awarded by the Department of Commerce and Economic Opportunity (DCEO).
* On August 13, 2024, the Lake County Board authorized a funding application to DCEO for Lake County Regional Stormwater Management Projects Round 2.0 in the amount of $30,000,000.
* DCEO awarded Lake County a second grant of $30,000,000 for Regional Stormwater Projects for the grant period October 1, 2024 through September 30, 2026.
* No additional local match is required by DCEO; however, additional funding will be provided by project partners to reimburse the Stormwater Management Commission for project administration.
* An emergency appropriation is needed as the funds from this grant are not included in the current fiscal year budget.
* Authority to spend appropriated funds and execute any and all agreements with partners related to this allocation and distribution of DCEO Funds for Regional Stormwater Projects is delegated to the Stormwater Management Commission.
Body
RESOLUTION
WHEREAS, Lake County has received a Notice of State Award for $30,000,000 from the Department of Commerce and Economic Opportunity for Regional Stormwater Management Projects; and
WHEREAS, the Fiscal Year (FY) 2024 Budget does not include the full amount necessary for the services provided in FY 2024; and
WHEREAS, an emergency appropriation in an amount of $30,000,000 is necessary for FY 2024 to accept grant revenue and provide for payment of services provided.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that an emergency appropriation in the amount of...
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