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R2021-02 Resolution Authorizing Accepting and Approval of Grant Agreement with Illinois Department of Commerce and Economic Opportunity (DCEO)
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R2021-02 Resolution Authorizing Accepting and Approval of Grant Agreement with Illinois Department of Commerce and Economic Opportunity (DCEO)
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3/11/2021 12:46:38 PM
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1/6/2021 2:16:26 PM
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Resolution/Ordinance
Res Ord Num
R2021-02
Res Ord Title
R2021-02 Resolution Authorizing Accepting and Approval of Grant Agreement with Illinois Department of Commerce and Economic Opportunity (DCEO)
Department
Econ and Com Dev
Approved Date
1/4/2021
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Agreement No 20-488039 <br /> The Grantor reserves the right to seek a refund from the Grantee if it finds the Grantee made a false or fraudulent <br /> claim for funds or the funds were spent on ineligible expenses.The Grantor also may seek a refund from Grantee if <br /> the federal government,the Grantor,or other State agency finds that the Grantee did not properly spend the <br /> funds,was reimbursed for ineligible costs,or received reimbursement under the ES Program for costs that were <br /> reimbursed through another federal or State program. <br /> DEFINITIONS OF TERMS USED IN THIS AGREEMENT <br /> The following definitions are applicable to the ES Program and this Award: <br /> "Business"means a for-profit enterprise or non-profit organization lawfully conducting business in Illinois.This <br /> term does not include any business that is prohibited from receiving funds under section 5001(b)of the CARES Act. <br /> "Business Interruption Grant Program"or"BIG Program"means the financial assistance program funding <br /> opportunities administered by the Department and implemented in 14 III.Admin.Code Part 690.(See 20 ILCS <br /> 605/605-1050.) <br /> "Business participant"means the business that receives financial assistance under the ES Program. <br /> "Cost of business interruption"means the following costs incurred between March 1,2020 and December 30, <br /> 2020: <br /> • decreases in revenue caused by closing or limiting access to the business establishment to <br /> comply with COVID-19 prevention directives or to otherwise prevent the spread of COVID-19 <br /> within the business establishment; <br /> • decreases in revenue caused by decreased customer demand as a result of the COVID-19 <br /> emergency;or <br /> • other revenue reductions approved for reimbursement from the Coronavirus Relief Fund by the <br /> U.S. Department of the Treasury. <br /> "COVID-19"means the novel coronavirus disease deemed COVID-19 by the World Health Organization on February <br /> 11,2020. <br /> "Incurred"in relation to costs or expenses means expenditures by the Local Government associated with economic <br /> support in connection with the COVID-19 public health emergency. In reference to businesses,"incurred"means <br /> the cost of business interruption due to the COVID-19 public health emergency. <br /> "Non-profit organization"means an organization that is registered as a non-profit corporation with the Illinois <br /> Secretary of State. <br /> "Qualifying business"means a business or organization that experienced or is experiencing business interruption <br /> due to the COVID-19 public health emergency and for which provision of financial assistance under the ES Program <br /> is eligible for reimbursement as prescribed by section 601(a)of the Social Security Act(42 USC)as added by section <br /> 5001 of the CARES Act,or other federal legislation addressing the COVID-19 emergency.A qualifying business <br /> includes self-employed individuals and independent contractors. <br /> State of Illinois <br /> INTER-GOVERNMENTAL GRANT AGREEMENT FISCAL YEAR 2021/2 2 20 <br /> Page 31 of 49 <br />
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