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HomeMy WebLinkAboutRes 43-10 12/21/2010 An Agreement between the VOMP and IDOT RESOLUTION NO. 43 -10 A RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT BETWEEN THE VILLAGE OF MOUNT PROSPECT AND THE ILLINOIS DEPARTMENT OF TRANSPORTATION (IDOT) WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have determined it is in the best interests of the Village to enter into a Local Agency Agreement ( "Agreement" with the Illinois Department of Transportation (IDOT) for the maintenance of traffic signal systems in the Village of Mount Prospect; and WHEREAS, the Intergovernmental Agreement being the subject of this resolution provides that the Village of Mount Prospect and IDOT agree to the maintenance responsibility and to the division of energy costs for the traffic signals and other traffic control devices listed on Exhibit "A" of the Agreement (Exhibit "1 "); and WHEREAS, by its terms, the Intergovernmental Agreement will be in effect January 1, 2011 through December 31, 2020. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS ACTING IN THE EXERCISE OF THEIR HOME RULE POWERS: SECTION ONE: The Board of Trustees of the Village of Mount Prospect do hereby authorize and direct the Village President to execute the Local Agency Agreement (authorized by Illinois Administrative Code 544) between the Illinois Department of Transportation and the Village of Mount Prospect for the maintenance of traffic signal systems in the Village of Mount Prospect, a copy substantially in the form set forth in Exhibit "1 ", which is attached and made a part of this resolution. 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: Hoefert, Korn, Matuszak, Polit, Zadel NAYS: None ABSENT: Juracek PASSED and APPROVED this 21' day of December, 2010.