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HomeMy WebLinkAboutRes 53-02 11/19/2002VWL t1/13/02 RESOLUTION NO. 53-02 A RESOLUTION AUTHORIZING THE EXECUTION OF AN AGREEMENT BETWEEN THE VILLAGE OF MOUNT PROSPECT AND THE ILLINOIS DEPARTMENT OF TRANSPORTATION RELATIVE TO STREETLIGHT IMPROVEMENTS ON ALGONQUIN ROAD, BUSSE ROAD, AND DEMPSTER STREET 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 portions of Algonquin Road, Busse Road, and Dempster Street; and WHEREAS, said improvements include the installation of streetlights along Algonquin Road from west of Goebbert Road to east of Busse Road, on Busse Road from south of Algonquin Road to north of Dempster Street, and on Dempster Street from Algonquin Road to east of Busse Road; 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 $154,572.00; and WHEREAS, the Agreement being the subject of this Resolution further states the amounts that will be paid by the Village of Arlington Heights and the Illinois Department of Transportation. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That the Mayor is hereby authorized t° sign and the Clerk is authorized to attest his signature on the Agreement between the Village of Mount Prospect and the Illinois Department of Transportation, being the subject of this Resolution. A copy of said Agreement is attached hereto and hereby made a part hereof as Exhibit "A". age 2/2 Streetlight agrmt. SECTION TWO: That this Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Corcoran, Hoefert, Lohrstorfer, Skowron, Zadel NAYS: None ABSENT: Wilks PASSED and APPROVED this 19~h day of November, 2002. ATTEST: Village Clerk H:\G EN\files\WIN\RES~Auth agrmt, Street light$-Busse,A~gon, Dempster,Nov,02,doc