Loading...
HomeMy WebLinkAboutRes 02-01 01/16/2001 VL 1/11/01 RESOLUTION NO. A RESOLUTION AUTHORIZING THE EXECUTION OF AN AGREEMENT BE'I'~VEEN THE VILLAGE OF MOUNT PROSPECT AND THE ILLINOIS DEPARTMENT OF TRANSPORTATION RELATIVE TO STREET LIGHT IMPROVEMENTS ON CENTRAL ROAD WHEREAS, the corporate authorities of the Village of Mount Prospect have determined that it would be in the best interest of the Village to participate with the State of Illinois in the Surface Transportation Program (STP) for street light improvements on Central Road from Arlington Heights Road to Northwest Highway; and WHEREAS, it was further determined that it would be in the best interest of all concerned to enter into an Agreement to share the cost of such street light improvement project, in an amount not to exceed $391,800; and WHEREAS, the Agreement being the subject of this Resolution further specifies the portions of the cost that will be paid by the Village of Mount Prospect and the Illinois Department of Transportation. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That the Mayor is hereby authorized to sign and the Clerk is authorized to attest his signature on the Agreement between the Village of Mount Prospect and the Illinois Department of Transportation, being the subject of this Resolution. A copy of said Agreement is attached hereto and hereby made a part hereof as Exhibit "A". SECTION TWO: That this Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Corcoran, Hoefert, Lohrstorfer, Prikkel, Skowron, Wilks NAYS: None ABSENT: None PASSED and APPROVED this 16th day of January, 2001. ATTEST:_ ' ~-'. Gerald L. Farley, Mayor /j// Velma 6. Lowe, Vitlage Clerk H:\O ~N\files\WlN[R ES~ ut h agrmt, Central Rd street light improve,doc