Regular Village Board meetings are typically held at 7:00 p.m., the first three Tuesdays of each month in Council Chambers of Village Hall (room 201), 123 Madison St. When a Regular Meeting falls on a holiday, the meeting typically is held the following night. The Village Board also meets in special sessions from time to time. However, dates and times of Special Meetings can vary and may change.

File #: RES 17-734    Name:
Type: Resolution Status: Passed
In control: President and Board of Trustees
On agenda: 12/11/2017 Final action: 12/11/2017
Title: A Resolution Approving a Funding Grant Agreement between the Village of Oak Park and the Oak Park Regional Housing Center in the Amount of $425,000 for 2018 and Authorizing Its Execution
Attachments: 1. Resolution Oak Park Regional Housing Center, 2. OPRHC 2018 Agreement, 3. Exhibit 1 - Funding Distribution, 4. Exhibit 2 - Scope of Services, 5. Exhibit 3 Addendum, 6. OPRHC 2017 VOP Budget Request Docs, 7. OPRHC Online Upgrades for 2018
Submitted By
Tammie Grossman, Director of Development Customer Services

Reviewed By
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Agenda Item Title
Title
A Resolution Approving a Funding Grant Agreement between the Village of Oak Park and the Oak Park Regional Housing Center in the Amount of $425,000 for 2018 and Authorizing Its Execution

End
Overview
Overview
This is the annual agreement adopted by the Village to provide funding for this agency from general revenue funds for a total of $425,000. A contract for Community Development Block Grant (CDBG) funding was approved on September 18, 2017.

Body
Staff Recommendation
Approve the Resolution.

Fiscal Impact
The contract on this agenda covers the monthly General Revenue Fund dollars annually totaling $425,000.
The CDBG contracts are not presented along with the General Revenue Fund contract because CDBG's Program Years do not align with the Village's fiscal year. The CDBG projects for Program Year 2017 from October 1, 2017 to September 30, 2018 were presented to the board in a separate agreement on September 18, 2017. Since the CDBG funding is only awarded through September 30, 2018, for the purposes of the General Revenue Funding agreement, staff assumed a flat level of CDBG funding for the fourth quarter of 2018. Fourth quarter funding will be subject to the Village's Federal CDBG funding award.

As in previous years, program requirements will dictate whether the Village provides funding on a monthly basis or will remit reimbursement based upon actual expenditures incurred for the particular program. The agreement clarifies that the administrative support will be paid based on invoices submitted showing actual costs incurred.
Contract administration and oversight are the responsibility of the Development Customer Services Department.

Background
The Village supports the Oak Park Regional Housing Center utilizing General Revenue Funds and Community Development Block Grant (CDBG) funds to fund specific projects of the...

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