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R2023-276 Resolution Adopting an Intergovernmental Agreement Between the City of Decatur, Illinois and the Illinois State Comptroller Concerning the Local Debt Recovery Program
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R2023-276 Resolution Adopting an Intergovernmental Agreement Between the City of Decatur, Illinois and the Illinois State Comptroller Concerning the Local Debt Recovery Program
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12/20/2023 1:58:58 PM
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12/20/2023 1:58:57 PM
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Resolution/Ordinance
Res Ord Num
R2023-276
Res Ord Title
R2023-276 Resolution Adopting an Intergovernmental Agreement Between the City of Decatur, Illinois and the Illinois State Comptroller Concerning the Local Debt Recovery Program
Department
Finance
Approved Date
12/18/2023
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the local unit has already received payment from IOC. IOC will only refund <br /> monies in the event that a payment has not yet been made to the local unit. <br /> 11. Third-Party Matching Services. IOC may utilize the services of a third- <br /> party vendor to assist in the identification of individual debtors. The local <br /> unit shall review and add any valid matches which result from the assistance <br /> of the third-party vendor within 30 days of receipt of the updated records. <br /> If the local unit is unable to add the valid matches within 30 days of receipt <br /> of the updated records, the chief officer must notify IOC as to the reason <br /> the local unit is not able to add the records in addition to a time frame for <br /> adding the records in the future. <br /> Article IV—Permissible Use of Information <br /> IOC acknowledges that the local unit is providing sensitive information about local debts <br /> for the purpose of conducting offsets under the Agreement. As such, IOC will use the <br /> information solely in connection with the Local Debt Recovery Program. IOC shall <br /> safeguard the local information in the same manner as it protects State debt information. <br /> The local unit acknowledges that IOC is providing sensitive information about State <br /> payments for the purpose of conducting offsets under the Agreement. As such, the local <br /> unit will use the information solely in connection with the Local Debt Recovery Program. <br /> The local unit shall safeguard State information in the same manner as it protects local debt <br /> information. <br /> The parties may use information in any litigation involving the parties, when such <br /> information is relevant to the litigation. <br /> Article V—Term of the Agreement and Modifications <br /> The Agreement becomes effective as of the Effective Date and shall remain in effect until <br /> it is terminated by one of the parties. Either party may terminate this Agreement by giving <br /> the other party written notice at least thirty (30) days prior to the effective date of the <br /> termination. Any modifications to the Agreement shall be in writing and signed by both <br /> parties. <br /> Article VI—No Liability to Other Parties <br /> Except for the fees described in Article III,paragraph B, Section 2 above, each party shall <br /> be responsible for its own costs incurred in connection with the Agreement. Each party <br /> shall be responsible for resolving and reconciling its own errors, but shall not be liable to <br /> any other parties for damages of any kind as a result of errors. Each party shall be liable <br /> for the acts and omissions of its own employees and agents. The Agreement does not <br /> confer any rights or benefits on any third party. <br /> Article VII—Issue Resolution <br /> The parties acknowledge that IOC is ultimately responsible for the development, design <br /> and operation of the System. Subject to that understanding, the parties agree to work <br /> 6 <br />
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