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Reappropriating Funds and Amending Resolution No. 23-76 - Approving a Contract for Construction with Curran Contracting Company of Crystal Lake, Illinois for Dauberman Road Extension, Kane County Section No. 15-00277-01-BR
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WHEREAS, the County of Kane has received $17,278,906.14 in Rebuild Illinois Transportation Bond funds from the Illinois Department of Transportation; and
WHEREAS, all Rebuild Illinois Transportation Bond funds allocated to the County of Kane must be obligated by no later than July 1, 2025; and
WHEREAS, there currently remains a balance of Three Million Dollars ($3,000,000.00) of unobligated Rebuild Illinois Transportation Bond funds that must be obligated before the deadline; and
WHEREAS, the Dauberman Road Extension (hereinafter the “Project”) currently being completed by the County was deemed eligible for the use of Rebuild Illinois Transportation Bond funds by Kane County Resolution No. 21-171; and
WHEREAS, pursuant to Kane County Resolution No. 23-76, the County of Kane entered into a Construction Contract (hereinafter the “Contract”) with Curran Contracting Company which appropriated Fifteen Million Five Hundred Seventy-One Thousand Seven Hundred Sixty-Three and 84/100 Dollars ($15,571,763.84) to pay for the Project; and
WHEREAS, the County deems it prudent to reallocate the Project cost in order to fully utilize the Rebuild Illinois Transportation Bond funds that are currently unobligated.
NOW, THEREFORE, BE IT RESOLVED, by the Kane County Board that the appropriation contained in Resolution No. 23-76 as approved, is amended to state there is hereby appropriated Three Million Dollars ($3,000,000.00) from the Motor Fuel Tax Fund #302, Line Item #73000 (Road Construction), and Eight Million Five Hundred Seventy One Thousand Seven Hundred Sixty Three and 84/100 Dollars ($8,571,763.84) from the Transportation Sales Tax Fund #305, Line Item #73000 (Road Construction), and Four Million Dollars ($4,000,000.00) from the South Impact Fee Fund #560, Line Item #73000 (Road Construction), for a total of Fifteen Million Five Hundred Seventy One Thousand Seven Hundred Sixty Three and 84/100 Dollars ($15,571,763.84) to pay for the Project.
Line Item: 302.520.522.73000, 305.520.527.73000 and 560.520.560.73000
Line Item Description: Road Construction
Was Personnel/Item/Service approved in original budget or a subsequent budget revision? Yes
Are funds currently available for this Personnel/Item/Service in the specific line item? Yes
If funds are not currently available in the specified line item, where are the funds available? N/A
Passed by the Kane County Board on January 14, 2025.
____________________________ ____________________________
John A. Cunningham, MBA, JD, JD Corinne M. Pierog MA, MBA
Clerk, County Board Chairman, County Board
Kane County, Illinois Kane County, Illinois
Vote: