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APPROVING AN INTERGOVERNMENTAL AGREEMENT WITH THE STATE OF ILLINOIS FOR $58,885.20 FOR PHASE III CONSTRUCTION FOR ILLINOIS ROUTE 47/U.S. ROUTE 30 AT WATERPARK WAY TO JERICHO ROAD
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WHEREAS, the Illinois Constitution of 1970, Article VII, Section 10 and the Illinois Compiled Statutes, (5 ILCS 220/1, et seq.) authorizes the County of Kane (County) and the State of Illinois (State) to cooperate in the performance of their respective duties and responsibilities by contract and other agreements; and
WHEREAS, the County and the State (through its Illinois Department of Transportation) desire to cooperate among themselves to accomplish the Illinois Route 47/U.S. Route 30 from Waterpark Way to Jericho Road (hereinafter referred to as the "Improvement"); and
WHEREAS, the State desires to undertake Phase III Construction for the Improvement; and
WHEREAS, the Improvement is deemed by the County and the State to be of immediate benefit to the residents of the County of Kane and the State of Illinois in that it shall facilitate the efficient movement of traffic and provide for the safety of the motoring public; and
WHEREAS, the County and the State have determined a mutually satisfactory allocation of responsibilities and costs for said Improvement as set forth in an intergovernmental agreement with the State (a copy of which is on file with the Kane County Clerk's Office), with the County's share of the Phase III Construction cost estimated to be Forty-Nine Thousand Seven One Dollars, ($49,071.00); and
WHEREAS, the County deems it prudent to include in its estimated cost for Phase III Construction for the Improvement, a contingency of approximately twenty percent, or Nine Thousand Eight Hundred Fourteen Dollars and 20/100 ($9,814.20) for a total County estimated cost of Fifty-Eight Thousand Eighty Hundred Eighty-Five and 20/100 Dollars ($58,885.20).
NOW, THEREFORE, BE IT RESOLVED ...
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