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AUTHORIZING A GRANT AGREEMENT BETWEEN THE STATE OF ILLINOIS DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY AND THE COUNTY OF KANE FOR LONGMEADOW PARKWAY CORRIDOR PROJECT
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WHEREAS, the Illinois Department of Commerce and Economic Opportunity ("DCEO"), is the designated administrator of certain State of Illinois funds and is authorized to award grants to qualified applicants, and execute all contracts and other instilments necessary and convenient in the exercise of its authority thereof, pursuant to 20 ILCS 605/605-55; and
WHEREAS, the County of Kane ("County") through its Division of Transportation ("KDOT") has applied for, and received, $12.5 million in state grant funds through the DCEO grants program to obtain funding reimbursement for a portion of the Kane County Highway No. 86 (Longmeadow Parkway) bridge corridor project (the "Longmeadow Project"); and
WHEREAS, pursuant to P.A. 102-0698 (enacted, July 1, 2022), Article 179, Section 130, "the sum of $12,500,000 ... has been appropriated from the Build Illinois Bond Fund to the Department of Commerce and Economic Opportunity for a grant to Kane County for costs associated with a bridge project"; and
WHEREAS, the County has previously received $17.5 million in grant funds through DECO for partial reimbursement towards the Longmeadow Project in 2023 (CB Resolution 23-260) and KDOT anticipates receiving an identical, DECO standard Grant Agreement for the $12.5 million dollar grant award in the fall of 2024.
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that a grant agreement for state provided funding for the Longmeadow Parkway Bridge Corridor is hereby approved and the County Board Chair is hereby authorized to execute a grant agreement on behalf of the County of Kane with the DCEO therefor.
Passed by the Kane County Board on August 13, 2024.
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