Title
AUTHORITY TO ENTER INTO INTERGOVERNMENTAL AGREEMENTS WITH THE CITY OF CHICAGO AND VARIOUS STATE AND LOCAL GOVERNMENTAL AGENCIES TO ACCEPT THE TRANSFER OF VARIOUS FUNDS AND SERVICES FOR PARK PROJECTS
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To: The Honorable Board of Commissioners of the Chicago Park District
I. Recommendation
It is recommended that the Board of Commissioners of the Chicago Park District (the "Board") enter an order authorizing the acceptance of services and funds from various funding sources, including but not limited to those funds derived from: Tax Increment Financing (TIF), Open Space Impact Fees (OSIF), the Aldermanic Menu Program, (Menu), bonds, settlements or judgments, or grants, (collectively referred to as the "Intergovernmental Funds") from the City of Chicago and other Illinois state and local governmental agencies. These Intergovernmental Funds and/or services will be applied toward the payment or reimbursement of the acquisition, development, and renovation costs of various Park District property or projects.
It is further recommended that the Board authorize the General Superintendent, or his designee, to negotiate, enter into, and execute any such agreements, amendments, indemnities, and instruments necessary to obtain these Intergovernmental Funds and/or services, perform any and all acts as shall be necessary or advisable in connection with the transactions described herein for the remainder of 2020 calendar year any and all authority necessary to enter into such agreements provided that such are not in conflict with the Chicago Park District or Code or not specifically authorized therein.
II. Agreement Information
Grantor: City of Chicago and other Illinois State and
Local Governmental Agencies
Transfer Type: Intergovernmental transfer of various City of Chicago and other Illinois State and local Governmental Agency funds for Park District projects.
Agreements: Intergovernmental agreements, amendments to intergovernmental agreements and assign...
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