Lake County Illinois - File #: 11-0932

• File #: 11-0932
• Version: 1
• Name: Committee action on the Village of Lake Zurich’s request to extend its 2009 Brownfield Grant award.
• Type: committee action item
• Status: Passed
• File created: 9/15/2011
• In control: Health and Community Services Committee
• Final action: 9/27/2011
• Title: Committee action authorizing a three month extension to the 2009 Brownfield Grant for the Village of Lake Zurich.
• Related files: 09-1783, 08-0696, 10-0328, 10-0802

Date	Ver.	Action By	Action	Result
9/27/2011	1	Health and Community Services Committee	approved	Pass

Title

Committee action authorizing a three month extension to the 2009 Brownfield Grant for the Village of Lake Zurich.

Staff Summary

•                     In September 2009, the County Board awarded a Brownfield grant for $100,000 to the Village of Lake Zurich for environmental remediation at 61 W. Main Street.

•                     The Brownfield grant agreement was granted an extension in September 2010, and will expire in September 21, 2011.

•                     Both the Village and the contractor have completed their work on the site; however, prior to the Village submitting final payment, the contractor filed for Chapter 11 bankruptcy, which was subsequently denied and the company went into receivership.

•                     The Village is requesting an additional three month extension to their grant to resolve the final payment with the company through the receivership process. 

•                     A representative from the Village will be available to answer questions.