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RESOLUTION APPROVING AND AUTHORIZING A COMMITMENT BY THE VILLAGE OF ORLAND PARK TO PROVIDE MATCHING FUNDS FOR THE “INVEST-IN-COOK” CAPITAL IMPROVEMENT PROGRAM (104TH AVENUE BICYCLE PATH)
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WHEREAS, the Village President and Board of Trustees of the Village of Orland Park (the “Village”) desire to complete the construction of a bicycle path along 104th Avenue in the Village (the “Project”); and
WHEREAS, the Village has applied to Cook County for partial funding of the Project in the amount of $1,434,092 of which the amount of $286,818 will be matched by the Village.
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 hereby commit an amount not to exceed $286,818 of Village funds as matching funds in connection with the Village’s application for grant funding in the amount of $1,434,092 to Cook County under the “Invest-In-Cook” Program for the Project.
SECTION 3
The Village Manager is hereby authorized and directed to execute the grant application and other various forms and agreements related to such grant application and to assure the Village funds not to exceed $286,818 are committed to the 104th Avenue bicycle path Project.
SECTION 4
This Resolution shall be effective immediately upon its adoption as provided by law.