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File #: 25-157   
Type: Resolution Status: Reported to County Board
File created: 4/30/2025 In control: County Board
On agenda: 5/13/2025 Final action:
Title: APPROVING FIRST AMENDMENT TO AGREEMENT BETWEEN COUNTY OF KANE AND THE KANE COUNTY ECONOMIC DEVELOPMENT CORPORATION
Attachments: 1. Exec. Sum., 2. , 3.

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Approving First Amendment to Agreement Between County of Kane and the Kane County Economic Development Corporation

 

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WHEREAS, by Resolution No. 24-413, the Kane County Board approved and authorized the Kane County Board Chairman to execute an agreement between the County of Kane and the Kane County Economic Development Corporation for funding of economic development purposes (“Agreement”); and

 

WHEREAS, it is necessary to amend the Agreement to modify the payment schedule and budget table; and

 

WHEREAS, this First Amendment to the Agreement, attached hereto, will not affect the total award amount awarded in Agreement.

 

NOW, THEREFORE, BE IT RESOLVED that the Kane County Board approves of First Amendment to the Agreement, attached hereto, and authorizes the Kane County Board Chairman to execute this First Amendment to the Agreement, with the final form subject to the review and advisement of the Kane County State’s Attorney’s Office.

 

Passed by the Kane County Board on May 13, 2025.

 

 

 ____________________________               ____________________________

John A. Cunningham, MBA, JD, JD               Corinne M. Pierog MA, MBA

Clerk, County Board                                       Chairman, County Board

Kane County, Illinois                                       Kane County, Illinois

 

Vote: