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PROPOSED RESOLUTION
Resolution authorizing agreement with World Business Chicago to support Chicago Anchors for a Strong Economy (CASE)
WHEREAS, the Chicago Anchors for a Strong Economy ("CASE") is an initiative organized and spearheaded by World Business Chicago ("WBC") to create economic opportunities for local suppliers by fostering strategic relationships with anchor institutions and equipping them with the necessary tools to successfully compete for contracts where needed; and
WHEREAS, the County of Cook ("County") through the Bureau of Economic Development desires to enter into a membership agreement with WBC, a not for-profit economic development organization, in order to work with and financially support the CASE initiative; and
WHEREAS, CASE will focus on strengthening growth clusters , as well as assisting local businesses from targeted communities across Cook County; and
WHEREAS, Cook County's membership in CASE will allow Cook County to serve as an anchor institution which will help further create economic opportunities for local suppliers; and
WHEREAS, Cook County through the Bureau of Economic and WBC share the common goals of promoting economic development and creating economic opportunities for local suppliers; and
WHEREAS, the Bureau of Economic Development desires to financially support said efforts and serve as a member of CASE in order to promote economic growth and expand employment opportunities for local businesses by contributing $50,000 to WBC; and
WHEREAS, WBC desires to accept the County's financial support and membership in CASE in order to provide greater opportunities for local businesses through the CASE initiative.
NOW, THEREFORE, BE IT RESOLVED, that the Cook County Board of Commissioners is hereby authorized to the Chief of the Bureau of Economic Development to enter into a membership agreement with WBC to support the CASE initiative.
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