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HomeMy WebLinkAboutRes 27-86 08/05/1986 RESOLOTION NO. 27~86 A RESOLUTION AMENDING RESOLUTION NO. 20~85 AUTHORIZING EXECUTION OF AN AGREEMENT BETWEEN THE VILLAGE OF MOUNT PROSPECT AND THE ILLINOIS DEPARTMENT OF TRANSPORTATION FOR ROADWAY MAINTENANCE WHEREAS, the corporate authorities of the Village of Mount Prospect did pass and approve Resolution No 20~85 authorizing the execution of an Agreement between the Village of Mount Prospect and the Illinois Department of Transportation, which Agreement authorized the Village to maintain certain State roadways located within the corporate boundaries of said Village; and WHEREAS, it has been determined by the Village of Mount Prospect and the Department of Transportation of the State of Illinois that the terms and conditions of the Agreement, except for the compensation involved, being the subject of Resolution No. 20-85 are such that said Agreement should be extended an additional 12 month period from the original expiration date of July 1, 1986 to July 1, 1987. Taking the inflation factor into consideration, the compensation for the Village maintaining State roadways within the Village for the period July 1, 1986 through July 1, 1987 shall be $39~200. WHEREAS, the corporate authorities of the Village of Mount Prospect have determined that it would be in the best interest of the Village of Mount Prospect to extend the Agreement being the subject of this Resolution, attached hereto as Exhibit "AU between the Village of Mount Prospect and the Department of Transportation of the State of Illinois. 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 and Board of Trustees do hereby authorize the extension of the Agreement between the Village of Mount Prospect and the Department of Transportation of the State of Illinois for the maintenance of specified State roadways within the corporate boundaries of the Village of Mount Prospect, a copy of said Agreement is attached hereto and hereby made a part hereof as Exhibit "Au. 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: Arthur, Floras, Van Geern, Wattenberg NAYS: Hura'C.skis ABSENT: Farley PASSED and APPROVED this 5th day of August , 1966. ATTEST: C:/(ðt~~<- )/ J(~o~>. Caroly~ H. Krause Mayor J~ /-¿ ~ Carol A. Fields Village Clerk