Title/Name/Summary
A Resolution Approving The Local Public Agency Agreement For Federal Participation To Be Entered Into By The Village Of Orland Park And The Illinois Department Of Transportation (“IDOT”) And For The Appropriation Of Village Funds For The Purpose Of Paying For The Local Agency Share Related To The Land Acquisition for the Off-Street Multi-Use Asphalt Path Along The South Side Of 167th Street From Steeplechase Parkway To The Orland Grasslands Trail At 104 th Avenue Under IDOT Project Number 1MQE (343), State Job No. R-90-003-25, Section No. 19-00084-00-BT
History
The Village desires to participate in the federally funded Transportation Alternative Program (TAP) Grant Program for the purpose of funding the land acquisition for the continuous off-street multi-use asphalt path along the south side of 167th Street from Steeplechase Parkway to the Orland Grasslands Trail at 104th Avenue (“the Project”) in accordance with the terms set forth in the Local Public Agency Agreement for Federal Participation (the “LPA Agreement”), a copy of which is attached hereto and made a part hereof Exhibit “A”. The total cost for land acquisition is estimated to be $249,550.00.
The Federal Highway Administration (“FHWA”), through IDOT, has agreed to provide funding for the land acquisition of the Project at a participation level of 80% of the actual land acquisition costs, but not to exceed an amount equal to $98,885.00 in accordance with the terms set forth in the attached LPA Agreement (Exhibit “A”). The Village agrees to pay the local share of the Project, which equals 100% of all related Project land acquisition costs in excess of the Federal not to exceed amount.
If approved, the President and Board of Trustees of the Village of Orland Park agree to appropriate and authorize the expenditure of an amount equal to $150,665.00, to pay the Village’s share of all related land acquisition costs for the Project improvements under IDOT Project Number 1MQE (343), Stat...
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