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Amending Resolution 23-386 Authorizing the Use of State and Local Fiscal Recovery Funds to Fund the Kane County Manufacturing and Sustainability Fund for the Kane Development and Community Services Department to Update the Agreement with Illinois Manufacturing Excellence Center to Extend Completion Date to September 30, 2025
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WHEREAS, the Congress of the United States has enacted the American Rescue Plan Act of 2021 (“ARPA”) to provide economic relief to State, Local, and Tribal governments responding to economic and public health impacts of the COVID-19 pandemic; and
WHEREAS, the County of Kane has received a total of $103,413,041 (One Hundred Three Million, Four Hundred Thirteen Thousand, Forty-One Dollars) from the United States Department of the Treasury, in State and Local Fiscal Recovery Funds (“SLFRF”) pursuant to ARPA; and
WHEREAS, pursuant to ARPA and the administrative regulations adopted by the United States Department of the Treasury (“Final Rule”), the County of Kane shall use SLFRF to defray costs associated with its response to the COVID-19 pandemic within the County, to address the economic fallout from the pandemic, and lay the foundation for a strong and equitable recovery; and
WHEREAS, by Resolution 21-313, the Kane County Board has established the American Rescue Plan Committee (“ARPC”) as a resource for research, education, planning, and recommendations for the best allocation and uses of the County’s SLFRF; and
WHEREAS, by Resolution 21-156, the Kane County Board approved the recommended Spending Plan as proposed by the ARPC, which designates $42,000,000 (Forty-Two Million Dollars) to be used for Kane County Department and Elected Office project requests; and
WHEREAS, in Resolution 23-386, the ARPC recommended and the Kane County Board authorized the use of the SLFRF in the amount of $1,040,000 (One Million Forty-Thousand Dollars to fund the Kane County Manufacturing and Sustainability Fund for the Kane County Development and Community Services Department, and directed the Kane County Chairman to execute a grant agreement with Illinois Manufacturing Excellence Center that was set to end on January 1, 2025; and
WHEREAS, this resolution is amending resolution 23-386 to update the agreement that was approved in resolution 23-386 to extend the deadline for completion for the Kane County Manufacturing and Sustainability Fund projects to September 30, 2025.
WHEREAS, the ARPC recommends that the Kane County Board authorizes amending resolution 23-386 to update the agreement that was approved in resolution 23-386 to extend the deadline for completion of the Kane County Manufacturing and Sustainability Fund projects to September 30, 2025.
NOW, THEREFORE, BE IT RESOLVED, by the Kane County Board the Kane County Board Chairman is authorized to execute an updated grant agreement with Illinois Manufacturing Excellence Center in the amount of $1,040,000 (One Million and Forty Dollars) of SLFRF extending the deadline for completion of the Kane County Manufacturing and Sustainability Fund projects to September 30, 2025
Passed by the Kane County Board on August 13, 2024.
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John A. Cunningham, MBA, JD, JD Corinne M. Pierog MA, MBA
Clerk, County Board Chairman, County Board
Kane County, Illinois Kane County, Illinois
Vote: