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 Business Recovery Program $10,000,000 allocation of CARES Act fund; and
WHEREAS, 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; and
WHEREAS, 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; and
WHEREAS, 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.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the Purchasing Agent is authorized to enter into a contract with Lake County Partners to administer the Small Business Recovery Program in the amount of $60,000.
DATED at Waukegan, Illinois, on June 26, 2020.