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File #: 14-5096    Version: 1 Name: Cal Sag Historic Waterways IGA
Type: Intergovernmental Agreement Amendment Status: Approved
File created: 8/26/2014 In control: Finance Subcommittee on Real Estate and Business and Economic Development (Inactive. There is now a Business and Economic Developement Committee and real estate items in the Asset Managment Committee)
On agenda: 9/10/2014 Final action: 10/8/2014
Title: PROPOSED INTERGOVERNMENTAL AGREEMENT AMENDMENT Department: Planning and Development (Bureau of Economic Development) Other Part(ies): Village of Alsip, City of Blue Island, Village of Robbins, Village of Calumet Park, Village of Dixmoor, County of Cook Request: Amendment to IGA to extend the expiration date to align with the date of termination of the zone and change in fee structure. Goods or Services: Administration of the Enterprise Zone Agreement Number: N/A Agreement Period: Original agreement June 1991 through July 2015. Agreement period now ends at the termination of the Cal Sag Historic Waterways Enterprise Zone. Fiscal Impact: None Accounts: N/A Summary: An update of the intergovernmental agreement is required due to recent legislative changes in Springfield to the Enterprise Zone program. The changes consist of an update of the fee structure for Enterprise Zone projects and the change of termination date. See attachment.
Indexes: (Inactive) MICHAEL JASSO, Director, Department of Planning and Development
title
PROPOSED INTERGOVERNMENTAL AGREEMENT AMENDMENT
 
Department:  Planning and Development (Bureau of Economic Development)  
 
Other Part(ies):  Village of Alsip, City of Blue Island, Village of Robbins, Village of Calumet Park, Village of Dixmoor, County of Cook
 
Request:   Amendment to IGA to extend the expiration date to align with the date of termination of the zone and change in fee structure.  
 
Goods or Services:  Administration of the Enterprise Zone  
 
Agreement Number:  N/A  
 
Agreement Period:  Original agreement June 1991 through July 2015.  Agreement period now ends at the termination of the Cal Sag Historic Waterways Enterprise Zone.  
 
Fiscal Impact:  None   
 
Accounts:  N/A   
 
Summary:  An update of the intergovernmental agreement is required due to recent legislative changes in Springfield to the Enterprise Zone program.  The changes consist of an update of the fee structure for Enterprise Zone projects and the change of termination date. See attachment.  
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