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 IL Department of Commerce and Economic Opportunity (DCEO) in a newly created fund, Fund 743 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). Thus far, DCEO has awarded a grant of $30,000,000 of the total appropriated funding for Regional Stormwater Projects to Lake County.
* 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. The intergovernmental agreements formalizing this partner reimbursement will be brought forward to the Stormwater Management Commission for approval in the future. The creation of a new fund is requested to segregate the accounting of these grant funds. An emergency appropriation is needed to reflect the revenue and provide for spending in the new fund.
* The grant period is October 1, 2021 through September 30, 2023.
* 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 (SMC). SMC will have the sole responsibility for ensuring compliance with Uniform Grant Rules (2CFR Part 200) and all other enforcement and compliance required in the grant agreement.
Body
RESOLUTION
WHEREAS, Lake County has been awarded a Grant Agreement for $30,000,000 from the Department of Commerce and Economic Opportunity (DCEO) for Regional Stormwater Management Projects; and
WHEREAS, a new fund shall be created for the accounting and reporting of the grant funding; and
WHEREAS, an emergency approp...
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