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PROPOSED SUBSTITUTE TO FILE 22-2807
(Business and Economic Development Committee 5/11/2022)
Sponsored by: TONI PRECKWINKLE (President), Cook County Board of Commissioners
PROPOSED RESOLUTION
ARPA VITAL COMMUNITIES PROGRAM INITIATIVES IMPLEMENTED BY THE BUREAU OF ECONOMIC DEVELOPMENT
WHEREAS, on March 11, 2021, the federal government authorized the American Rescue Plan Act of 2021 ("ARPA") which includes $1.9 trillion in federal stimulus funds to hasten the United States' recovery from the economic and health effects caused by the COVID-19 pandemic; and
WHEREAS, specifically, the federal government has authorized and allocated a federal award of approximately $1,000,372,385B of ARPA funding to Cook County to assist the County in its recovery from the economic and health effects of COVID-19; and
WHEREAS, on June 24, 2021, the Cook County American Rescue Plan Act Framework (the "ARPA Framework") was presented to the Cook County Board of Commissioners; and
WHEREAS, to effectuate the approach outlined in the ARPA Framework, the Cook County Board of Commissioners authorized the Chief Financial Officer and the Budget Director to expend a limited amount of ARPA funding via Resolution 21-3657 for the purpose of continuing and expanding existing County programs and initiatives, including any created under CRF, as well as for the purpose of building operational support capacity within County departments and offices to assist with managing the ARPA funded initiatives; and
WHEREAS, Resolution 22-0637 authorized the Chief Financial Officer, Budget Director, Chief Procurement Officer and applicable using agencies to issue grants, contracts and agreements for up to $100M in ARPA funding for Vital Community programs approved via Resolution 22-0637; and
WHEREAS, to further the Policy Roadmap Goal to pursue inclusive economic and community growth by supporting residents, growing businesses, attracting investment and nurturing talent, the Bureau of Economic ...
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