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 20-188    Name:
Type: Resolution Status: Passed
In control: President and Board of Trustees
On agenda: 9/8/2020 Final action: 9/8/2020
Title: A Resolution Approving an Intergovernmental and Subrecipient Agreement for Coronavirus Relief Funds with Cook County and Authorizing its Execution
Attachments: 1. Resolution IGA.pdf, 2. IGA CRF Grant.pdf, 3. CRF Grant Information.pdf, 4. Municipal Allocations.pdf
Submitted By
Steve Drazner, CFO

Reviewed By
LKS

Agenda Item Title
Title
A Resolution Approving an Intergovernmental and Subrecipient Agreement for Coronavirus Relief Funds with Cook County and Authorizing its Execution
End

Overview
Overview
This is an Intergovernmental Agreement (IGA) between the Village of Oak Park and Cook County which is required in order to receive an allotment of $450,182 in grant funding to pay for COVID-19 related expenditures not reimbursed through other sources.

Body
Staff Recommendation
Approve the Resolution.

Fiscal Impact
Additional revenue of up to $450,182 to offset and reimburse the Village for un-budgeted COVID-19 related expenditures.

Background
Cook County is distributing approximately $51 million which it received under the Federal CARES Act to suburban municipalities. The Village of Oak Park's allotment of this $51 million is $450,182. This funding can be used to reimburse the Village for unforeseen expenditures related to COVID-19. Expenditures reimbursed through other similar grants would obviously be excluded from reimbursement under this grant.
One important caveat with this grant is that only expenditures which have not been originally budgeted in the current fiscal year are eligible for reimbursement. Additionally, expenditures must specifically be related to the COVID-19 public health emergency and be incurred between March 1, 2020 and December 30, 2020.
The intergovernmental agreement attached for Board approval between Cook County and the Village related to this grant outlines the various terms and conditions that the Village must agree to in order to accept these funds. Board approval of this IGA will provide the Village Manager authorization to execute the IGA and thus requiring compliance with all the terms and conditions for this grant.

Alternatives
The Village Board could ask for additional time to review.

Previous Board Action
N/A

Citizen Advisory Commission Action
N/A

Anticipated F...

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