Lake County, IL
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File #: 20-0813    Version: Name: Lake County Partners Small Business Recovery Program
Type: resolution Status: Passed
File created: 6/16/2020 In control: Financial & Administrative Committee
On agenda: Final action: 6/26/2020
Title: Resolution approving a professional services agreement with Lake County Partners to administer the Small Business Recovery Program in the amount of $60,000.
Attachments: 1. LCP Agreement DRAFT.pdf, 2. LCP Bid Exemption Request.pdf, 3. VENDOR DISCLOSURE STATEMENT_LCP_June2020.pdf, 4. Agreement - Partners (004) 6.17.pdf, 5. Small_Business_Grant_Overview(06-17-20).pdf, 6. Small_Business_Grant_Overview(06-23-20).pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
6/26/20202 Lake County Board adoptedPass Action details Meeting details Not available
6/23/20202 Financial & Administrative Committee recommended for adoption to the regular agendaPass Action details Meeting details Not available
6/23/20202   recommended for adoption as amended to the regular agenda   Action details Meeting details Not available
6/19/20201 F&A Special Committee on COVID-19 Recovery approved and referred on to the Financial and Administrative CommitteePass Action details Meeting details Not available
Title
Resolution approving a professional services agreement with Lake County Partners to administer the Small Business Recovery Program in the amount of $60,000.

Staff Summary
* Lake County received funding from the United States Government pursuant to the Coronavirus Aid, Relief and Economic Security Act (CARES Act) and $10,000,000 was allocated by the County Board at its June 9, 2020 for the Small Business Recovery Program.
* The Economic and Business Task Force has secured a professional services agreement with Lake County Partners to streamline the management and disbursement of Program funds to local small businesses. Funding for service delivery will be provided from the Small Business Recovery Program $10,000,000 allocation of CARES Act funds.
* Lake County Partners is uniquely positioned to provide the services based on its long-standing relationship with the County and its contacts in the business community.
* Under the terms of the contract, Lake County Partners will create the application, distribute to businesses, ensure completed applications meet basic criteria, and prepare a recommendation for funding for the County to issue payment.
* Pursuant to Article Six, Section 102, the Purchasing Agent has approved the bid exemption on the basis of an existing long-standing successful relationship for services, and the knowledge gained through this relationship adds value integral to the services provided.

Body
RESOLUTION

WHEREAS, Lake County received funding from the United States Government pursuant to the Coronavirus Aid, Relief and Economic Security Act (CARES Act) and $10,000,000 was allocated by the County Board at its June 9, 2020 for the Small Business Recovery Program; and

WHEREAS, the Economic and Business Task Force has secured a professional services agreement with Lake County Partners to streamline the management and disbursement of Program funds to local small businesses. Funding for service delivery will be provided from the Small B...

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