Title
Joint resolution authorizing a funding application to the Illinois Department of Commerce and Economic Opportunity (DCEO) for Lake County Regional Stormwater Management Projects Round 2.0 in the amount of $30,000,000.
Staff Summary
* $122,098,000 was appropriated in Public Act 102-0017 for Regional Stormwater Management Projects in Lake County, to be awarded by the Department of Commerce and Economic Opportunity (DCEO). In 2022, DCEO awarded Lake County the first grant of $30,000,000 of the total appropriated funding for Lake County Regional Stormwater Management Projects 1.0.
* A second $30,000,000 grant for 16 new regional stormwater management projects in Lake County is under review by DCEO. Component project descriptions and locations are included in the Executive Summary and Location Map attachments.
* A final grant agreement from DCEO is anticipated this fall and must be executed by Lake County before December 31, 2024. The grant period is May 1, 2024, through April 30, 2026, and may be extended to December 31, 2026.
* No local match is required by DCEO, however additional funding will be provided by project partners to reimburse the Stormwater Management Commission for project administration.
* The Stormwater Management Commission will administer the grant, spend appropriated funds, and execute any and all agreements with partners related to this allocation and distribution of DCEO Funds for Lake County Regional Stormwater Management Projects Round 2.0.
Body
RESOLUTION
WHEREAS, Lake County is applying for Illinois Department of Commerce and Economic Opportunity (DCEO) funds for 16 additional regional stormwater management projects in Lake County; and
WHEREAS, Lake County continues to experience significant challenges related to stormwater management, including increased frequency and intensity of rainfall events due to climate change, leading to flooding, property damage, and environmental degradation; and
WHEREAS, while the risk...
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