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RESOLUTION REGARDING EXTENSION OF APPLICATION DEADLINE FOR ORLAND PARK COMMERCIAL IMPACT PROGRAM
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WHEREAS, the Village of Orland Park is a home rule unit of government by virtue of the provisions of the Constitution of the State of Illinois of 1970; and
WHEREAS, the Village, as a home rule unit, may exercise such powers and perform any function pertaining to its government and affairs; and
WHEREAS, the powers explicitly designated to home rule units in the Constitution of the State of Illinois of 1970 includes regulation for the protection of the public health, safety, morals, and welfare; and
WHEREAS, on June 1, 2020, the Village passed an Ordinance, known as Ordinance No: 5520, amending Title 1 (Administration), Chapter 13 (Economic Development Loan Program) Section 1-13-4 (Additional Uses of Economic Development Loan Program Funds) of the Village of Orland Park Code, As Amended; and
WHEREAS, said Ordinance implemented a number of economic development incentive programs in order to relieve conditions of unemployment as a result of the COVID-19 pandemic and to encourage the economic development of the Village, further increasing the sales and use taxes collected by the Village; and
WHEREAS, one of these programs was a Orland Park Commercial Impact Program; and
WHEREAS, pursuant to the language of Ordinance No. 5520, applications for the Commercial Impact Program were to be received by September 30, 2020; and
WHEREAS, the Village desires to extend that deadline to June 30, 2021 in order to maximize the ability of businesses to participate in the program.
NOW, THEREFORE, BE IT RESOLVED, by the Village President and Board of Trustees of the Village of Orland Park, Cook and Will Counties, Illinois, as follows:
SECTION 1
The above recitals are incorporated by reference into this Section 1 and made a part hereof as though fully set forth herein.
SECTION 2
The Village President and Board of Trustees of the Village of Orland Park resolve to direct that applications for the Orland Park Commercial Impact Program will be accepted until June 30, 2021.
SECTION 3
This Resolution shall be effective immediately upon its adoption as provided by law.