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HomeMy WebLinkAbout9.1 A RESOLUTION AUTHORIZING THE MAYOR TO SIGN AN INTERGOVERNMENTAL AGREEMENTS WITH THE ILLINOIS DEPARTMENT OF TRANSPORTATION FOR THE CONSTRUCTION OF THE MELAS-MEADOWS PEDESTRIAN BRIDGE LPA APPROPRIATION RESOLUTION A RESOLUTION APPROVING INTERGOVERNMENTAL AGREEMENTS WITH THE STATE OF ILLINOIS AND THE VILLAGE OF MOUNT PROSPECT APPROPRIATING FUNDS FOR CONSTRUCTION AND PHASE III ENGINEERING OF THE MELAS-MEADOWS PEDESTRIAN BRIDGE WHEREAS, the Village of Mount Prospect endeavors to construct a pedestrian bridge over the Union Pacific railroad tracks and US 14 (Northwest Highway) connecting Melas Park and Meadows Park; the project including approach ramps, stairs, sidewalk, lighting and landscaping; and known to the Illinois Department of Transportation as Section Number 21-00174-00-BR; and WHEREAS, the Construction and Phase III Engineering costs of said improvement have necessitated the use of federal funds; and WHERAS, the use of federal funds requires a Joint Funding Agreement for Construction Work with the Illinois Department of Transportation; and WHEREAS, the Village of Mount Prospect received seven million, two hundred thirty-eight thousand, three hundred seventy dollars ($7,238,370) and seven hundred thirty-two thousand, two hundred eighty-two dollars ($732,282) at the time of letting in Surface Transportation Program (STP-Shared) funding, Illinois Transportation Enhancement Program (ITEP) funding, and Illinois Commerce Commission Grade Crossing Protection funding for Construction and Phase III Engineering, respectively, of said Melas-Meadows Pedestrian Bridge, as stipulated in the Agreement accepted by IDOT at the time of letting and now requiring execution by the Mayor as written; and WHEREAS, the federal fund source requires a match of local funds to fulfill the total amount at the time of letting of eight million, seven hundred sixty-three thousand, three hundred thirty-six dollars ($8,763,336) and eight hundred fifty-six thousand, four hundred fifty-eight dollars ($856,458) for Construction and Phase III Engineering, respectively, as stipulated in the Agreement accepted by IDOT at the time of letting and now requiring execution by the Mayor as written; and WHEREAS, the Village has received two million, one hundred eighty-eight thousand, six hundred sixty- three dollars ($2,188,663) in additional Surface Transportation (STP-Shared) funding for Construction after letting to be used toward the federal share of the actual contract amount of ten million, seven hundred forty-four thousand, two hundred forty-two dollars and eighty-five cents ($10,744,242.85); and WHEREAS, the Village will execute a future Amendment to the Agreement reflecting the actual Construction contract amount and additional federal funding and revised local share. NOW, THEREFORE, BE IT RESOLVED that the Village of Mount Prospect authorizes one million, five hundred twenty-four thousand, nine hundred sixty-six dollars ($1,524,966) and one hundred twenty- four thousand, one hundred seventy-six dollars ($124,176) for Construction and Phase III Engineering, respectively, as stipulated in the Agreement accepted by IDOT at the time of letting, or as much of such sum as may be needed to match federal funds in the completion of Construction and Phase III Engineering of the aforementioned project known as Section Number 21-00174-00-BR. BE IT FURTHER RESOLVED that a future Amendment will reflect the local share to be one million, three hundred seventeen thousand, two hundred nine dollars and 85 cents ($1,317,209.85) and one hundred twenty-four thousand, one hundred seventy-six dollars ($124,176) for Construction and Phase III Engineering, respectively. BE IT FURTHER RESOLVED that the Mayor is hereby authorized and directed to execute the above- mentioned Agreement and future Amendment and any other such documents related to advancement and completion of said project. Passed this __________ day of _______________________, 2026. (SEAL) APPROVED: _______________________________ Mayor ATTEST: ___________________________________ Village Clerk