Board of Commissioners of Cook County - File #: 23-3115

• File #: 23-3115
• Version: 2
• Name: Amendment for Cook County Small Business Grant
• Type: Resolution
• Status: Approved
• File created: 5/18/2023
• In control: Finance Committee
• On agenda: 5/25/2023
• Final action: 6/29/2023
• Title: PROPOSED SUBSTITUTE TO FILE 23-3115 PROPOSED RESOLUTION PROPOSED RESOLUTION FOR SMALL BUSINESS SOURCE GRANT PROGRAMS 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, the Cook County Board of Commissioners via Resolution 21-3654 accepted the ARPA federal award allocated to Cook County to assist the County i...
• Sponsors: TONI PRECKWINKLE (President)

Date	Ver.	Action By	Motion	Result
6/29/2023	2	Board of Commissioners	approve as substituted and amended	Pass
6/28/2023	1	Finance Committee	accept as substituted	Pass
6/28/2023	1	Finance Committee	recommend for approval as substituted and amended	Pass
5/25/2023	1	Board of Commissioners	refer	Pass

title
PROPOSED SUBSTITUTE TO FILE 23-3115

PROPOSED RESOLUTION

PROPOSED RESOLUTION FOR SMALL BUSINESS SOURCE GRANT PROGRAMS 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, the Cook County Board of Commissioners via Resolution 21-3654 accepted the ARPA federal award allocated to Cook County to assist the County in its recovery from the economic and health effects of COVID-19 in the amount of approximately $1,000,372,385.00; and

WHEREAS, Resolution 21-3654 further authorized the Cook County Budget Director and Comptroller to create and implement a Special Purpose Fund for the ARPA award and other accounting measures to track the acceptance and spending of the federal award; and

WHEREAS, the Cook County Board of Commissioners authorized the Chief Financial Officer, Budget Director, Chief Procurement Officer and applicable using agencies to issue grants, contracts and agreements for ARPA programs approved via Resolution 22-0637; and

WHEREAS, to further the Policy Roadmap Goals, the Bureau of Economic Development (BED) has developed a menu of Vital Community and Smart Community programs and initiatives which have undergone review and approval through the Project Management Office process to utilize ARPA funding for such programs and initiatives pursuant to the issuance of grants, contra...