File #: 24-5973    Version: 1 Name: Chicago Metropolitan Agency for Planning
Type: Interagency Agreement Status: Committee Reports
File created: 10/23/2024 In control: Finance Committee
On agenda: 10/24/2024 Final action:
Title: PROPOSED INTERAGENCY AGREEMENT Department(s): Cook County, Office of the President Other Part(ies): Chicago Metropolitan Agency for Planning (CMAP) 433 West Van Buren Street, Suite 450, Chicago, IL 60607 Request: Authorization to enter into the 2nd amendment to an interagency agreement Good(s) or Service(s): CMAP will continue to provide the President's office with research on various property tax issues in Cook County. Agreement period: Original Agreement Period 12/1/2023 - 11/30/2024. The Agreement authorized two one-year renewals. The first renewal period was 12/1/2024 -11/30/25. The second renewal period shall be from 12/1/2025 -11/30/26 Fiscal Impact: $480,000 (FY 2025) Accounts: 11000.1010.16895.520830.00000.00000 Agreement Number(s): NA Summary: The 2nd amendment to the agreement is part of a project being led by the President's office in collaboration with the various Cook County property tax offices to research various property tax issues. CMAP w...
Indexes: TONI PRECKWINKLE, President, Cook County Board of Commissioners

title

PROPOSED INTERAGENCY AGREEMENT

 

Department(s):  Cook County, Office of the President

 

Other Part(ies):  Chicago Metropolitan Agency for Planning (CMAP) 433 West Van Buren Street, Suite 450, Chicago, IL 60607

 

Request:  Authorization to enter into the 2nd amendment to an interagency agreement

 

Good(s) or Service(s): CMAP will continue to provide the President’s office with research on various property tax issues in Cook County.

 

Agreement period:  Original Agreement Period 12/1/2023 - 11/30/2024.  The Agreement authorized two one-year renewals. The first renewal period was 12/1/2024 -11/30/25. The second renewal period shall be from 12/1/2025 -11/30/26

 

Fiscal Impact:  $480,000 (FY 2025)

 

Accounts:  11000.1010.16895.520830.00000.00000

 

Agreement Number(s):  NA 

 

Summary:  The 2nd amendment to the agreement is part of a project being led by the President’s office in collaboration with the various Cook County property tax offices to research various property tax issues.  CMAP will continue to research and manage the research of property tax issues as well as structures within the property tax system.  The original agreement was for one year in an amount up to $480,000 and authorized the execution of two one-year renewals subject approval and appropriation of the Cook County Board. This authorization allows for the execution of the 2nd amendment to extend the agreement in an amount up to $480,000.

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