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 22-82    Name:
Type: Resolution Status: Passed
In control: President and Board of Trustees
On agenda: 5/2/2022 Final action: 5/2/2022
Title: A Resolution Approving a Funding Grant Agreement Between the Village of Oak Park and Visit Oak Park in an Amount Not to Exceed $192,000 and Authorizing its Execution
Attachments: 1. Resolution, 2. Visit Oak Park Agreement, 3. Visit Oak Park Exhibits, 4. Proposal Tourism Initiative, 5. Data Collection Tourism Initiative, 6. Revised Tourism Numbers, 7. Oak Park Tourism Recovery Initiative Questionaire
Submitted By
Steve Drazner, CFO

Reviewed By
A.M. Zayyad

Agenda Item Title
Title
A Resolution Approving a Funding Grant Agreement Between the Village of Oak Park and Visit Oak Park in an Amount Not to Exceed $192,000 and Authorizing its Execution

End
Overview
Overview
On March 14, 2022, the Board held a special meeting to discuss the Community Development Citizen Advisory Commission recommendations for the first round of ARPA distributions to community partners/partner agencies which included:

* Visit Oak Park
* Frank Lloyd Wright Trust
* Ernest Hemingway Foundation of Oak Park
* Unity Temple Restoration Foundation
* Oak Park Area Arts Council
* Collaboration for Early Childhood
* Hephzibah
* Park District of Oak Park

As a result of the discussion, the Board had a consensus vote to provide a specific amount of funding to each partner agency. This agenda item covers the scope, funding exhibit, and reporting for Visit Oak Park in the previously agreed-upon amount of $192,000.

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Recommendation
Recommendation
Adopt the Resolution.

Fiscal Impact
The amount of funding will be $192,000 pursuant to the attached funding schedule. More options on how to categorize this distribution are discussed below.

Background
Visit Oak Park was included under the Oak Park Tourism Recovery Initiative (OPTRI) proposal which also includes the Frank Lloyd Wright Trust, the Ernest Hemingway Foundation of Oak Park, the Unity Temple Restoration Foundation, and the Oak Park Area Arts Council.

More specific details and information on the goals of the organization are contained in their attached proposal and application.

The attached Agreement between the Village and Visit Oak Park is included as part of this agenda item for formal board approval in conjunction with the Resolution which will allow Village staff to execute the agreement and distribute the funding. The partner agency, as a recipient of Village ARPA funds, will be responsible for financial reporting back to...

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