Title
An Ordinance authorizing the issuance by The County of Lake, Illinois, of General Obligation Bonds (Sales Tax Alternate Revenue Source) in an aggregate principal amount not to exceed $31,000,000 for the purpose of constructing and equipping a consolidated 911 and emergency operations center, improving the site thereof, and financing other capital expenditures, in and for the County.
Staff Summary
* The Lake County Board has authorized the issuance of bonds for the Regional Operations Center for 911 and emergency operations. The attached ordinance and related documents, which contains forms that currently contain blanks, will be completed and filed appropriately upon approval to authorize the notice of a public hearing to authorize bonds as well as the authority to authorize $31 million to fund a portion of the construction and equipping expenses of the building.
* Additional funding includes a $1 million federal capital grant and $9,900,000 in American Rescue Plan Act funding. Other necessary expenses, if any, will be funded from Lake County capital reserves.
* Upon approval, Lake County will publish the Authorizing Ordinance and post the publication of the Public Hearing, which will be held July 12, 2022.
Body
ORDINANCE
WHEREAS, The County of Lake, Illinois (the "County"), is a duly organized and existing unit of local government created and existing under the provisions of the laws of the State of Illinois, and is now operating under the provisions of the Counties Code of the State of Illinois, as amended; and
WHEREAS, in order to construct and equip a consolidated 911 and emergency operations center, improve the site thereof, and finance other capital expenditures, all in and for the County and to support the 911 Dispatch Center, the Emergency Management Agency, and the Emergency Telephone Systems Board, and to create shared staff support areas and shared facility support areas (collectively, the "Project"), the County Board of the County (the "Bo...
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