HomeMy WebLinkAboutRes 18-80 05/06/1980
,Úc~EREAS, the village of Mount Prospect has entered into an Agreement ;,
':t~sta~,öf' IllinòiJs for the installation of school traffic control signals and instal;": " "~'~
,1atioI:Ì of "opticom" equipment near the intersection of Illinois Route 83 (Elmhurst'Ròàd) ,. l::
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;;'a~CóùÎicîì'Trail, known as STATE Section 97B-TS (80) and as VILLAGE Section 80,-:-00070';..oci;"TLi""
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~~'J~\£f;~~~;t;"gwåtREAS, in compliance with the aforèmentioned Agreement, it is necessary for'~ the
,,¿VILLAGE to appropriate sufficient Motor Fuel Tax Funds to pay its share of the cost of "
, ,thesàid traffic signal improvements. '
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',',' NOW, THEREFORE, 'BE IT RESOLVED, that there is' hereby appropriated the sUm of'
SIx: THOUSAND ,FOUR HUNDRED AND NO/IOO DOLLARS ($6,400.00) or so much thereof as may be
riêèJssary, from any money now or hereinafter allotted to the VILLAGE, under provisions
,'c' of, the Motor Fuel Tax Law, to pay for its share of the, cost of this improvement as '
J?l\!þrovfde¿f in this 'Agreement; and, ,
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""'~' .,' ",' '., IT FURTHER RESOLVED, that upon award of the contract for this improvement~
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if the'VILLAGE will pay to the Department of Transportation of the State of Illinois, in
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'c a lump sum from any funds allotted to the VILLAGE, under the Motor, Fuel Tax Law, an
"'/amoû.Iît'eq:uåî to 95% of its obligation incurred under this Agreement, and will pay, to ,
tÌÎesaid L?epartment the remainder of its obligation (including any non-participating,\'L'"
costs for FA projects) in a lump sum, upon completion of the project based upon final
,posts; 'and,
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,;,,""';,; BÈ IT FURTHER RESOLVED, that the VILLAGE agrees to pass a supplemental resolution; ~
~'~> "dl'þrövide necessary funds for its share of the cos,t of this improvement if the amount
'appropriated herein proves to be insufficient to cover said cost.
.~:';;~~s~~ this W 'day of ~
::"::~~c;' STÅTE OF ILLI~ )
VILLAGE OF MOUNT PROPSECT) SS
COUNTY OF,COOK )
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NAYS
I , ell ((0 I- 1/ Fí E I-- P ~S;"¡,, ,!
Clerk in and for the Village of Mount Prospect,
hereby certify the foregoing to be:a true,perfec1
and complete copy of a resolution adoptyd by the
vil19ge Board at a meeting on J7111~ 6 A.1
19 fo . '
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IN nSTIMOm mm¡ro», I have~.h.er ,u,n.to
and seal this ~ßay of '
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. Clerk '
set my hand
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APPROVED:
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:".ILLINOIS DEPARTMENT OF
..", TRANSPORTATION
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District Engineer