HomeMy WebLinkAbout24-29 Signed Resolution No. 24-29
RESOLUTION
APPROVING FUNDING IN CONNECTION WITH THE AGREEMENT BETWEEN THE
STATE OF ILLINOIS ACTING BY AND THROUGH ITS DEPARTMENT OF
TRANSPORTATION AND THE CITY OF ELGIN FOR CERTAIN IMPROVEMENTS OF US
ROUTE 20 FROM NESLER ROAD TO WELD ROAD/LONGCOMMON PARKWAY
WHEREAS, the CITY OF ELGIN (CITY) has entered into an AGREEMENT with the
STATE OF ILLINOIS (STATE) for the improvement of US 20 from Nesler Rd to Weld
Rd/Longcommon Parkway,known as Contract No.62U84,STATE Section No.: 345-23-SAFETY;
and
WHEREAS, in compliance with the aforementioned AGREEMENT, it is necessary for the
CITY to appropriate sufficient funds to pay its share of the cost of said improvement.
NOW THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum of
Twenty-Two Thousand Thirty Three Dollars($22,033.00)or so much thereof as may be necessary,
from any money now or hereinafter allotted to the CITY, to pay its share of the cost of this
improvement as provided in the AGREEMENT; and
BE IT FURTHER RESOLVED, that upon award of the contract for this improvement, the
CITY will pay to the STATE in a lump sum from any funds allotted to the CITY, an amount equal
to 80% of its obligation incurred under this AGREEMENT, and, upon completion of the project,
will pay to said STATE the remainder of its obligation, based on final costs; and
BE IT FURTHER RESOLVED, that the CITY agrees to pass a supplemental resolution to
provide any necessary funds for its share of the cost of this improvement if the amount appropriated
herein proves to be insufficient, to cover said cost.
r
avid J. Kaptai , ay r
Presented: February 14, 2024
Adopted: February 14, 2024
Omnibus Vote: Yeas: 7 Nays: 0
At st:
Kimberly Dewis, ' Clerk
STATE OF ILLINOIS )
)
COUNTY OF KANE )
I, Kimberly Dewis, CITY CLERK in and for the CITY OF ELGIN, hereby certify the foregoing
to be a true perfect and complete copy of the resolution adopted by the CITY COUNCIL at a
meeting on February 14, 2024.
IN TESTIMONY WHEREOF, I have hereunto set my hand seal this 14th day of February, 2024.
City Clerk
Y
p t., '
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