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PROPOSED INTERAGENCY AGREEMENT AMENDMENT
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 1st amendment toan 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 renewal period shall be from 12/1/2024 -11/30/25
Fiscal Impact: $480,000 (FY 2024)
Accounts: 11000.1010.16895.520830.00000.00000
Agreement Number(s): NA
Summary: The 1ST 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, including but not limited to incentives, exemptions, delinquent property, and collections. 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 1st amendment to extend the agreement in an amount up to $480,000.
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