Title
A Supplement Resolution Authorizing the Appropriation of an Additional $681,272.00 in Village Funds for the Purpose of Paying for the Local Agency Share Related to the Construction of the John Humphrey Drive at 143rd Street Roadway Intersection Improvements and Dry Land Bridge Expansion Project Under IDOT Project Number F6GB(348), State Job Number C-91-261-24, Section Number 16-00078-00-CH
History
On July 15, 2024, the Village Board approved Resolution 2404 authorizing the Village to enter into a Joint Funding Agreement with the Illinois Department of Transportation (IDOT) for federal participation, and the appropriation of Village funds for the purpose of paying the local agency share related to the construction of John Humphrey Drive at 143rd Street Roadway Intersection Improvements and Dry Land Bridge Expansion project. The Resolution 2404 was based upon a total estimated project cost of $8,151,000.00. However, additional non-participating costs of $681,272.00 (the breakdown is provided below) was identified by IDOT before the Local Public Agency (LPA) agreement was executed between the Village and IDOT.
- Lighting - $508,339.00
- EVP - $9,133.00
- Utility (Water main) - $163,800.00
Total = $681,272.00
Therefore, the additional costs of $681,272.000 was added to the LPA agreement making the total estimated project cost at $8,832,272.00. The LPA agreement was executed on January 6, 2025.
Since the executed LPA agreement has a total project cost of $8,832,272.00 including $3,000,000 in STP grants, IDOT informed the Village that a supplemental resolution by the Village is required to appropriate additional funds in the amount of $681,272 for the locally funded non-participating costs listed above. This additional amount will fill the funding gap between the executed LPA agreement and Village's Resolution 2404.
Please note that both Resolution 2404 and the executed LPA agreement are based upon the estimated project costs. These two documents were pr...
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