2025-06-16 - Resolution 2025-19 - AUTHORIZING EXECUTION OF AN INTERGOVERNMENTAL AGREEMENT WITH THE IL DEPT OF TRANSPORTATION FOR THE DUNDEE RD (CONTRACT 62F86) PROJECT? -r.,
,RESOLUTION 2025.19
A RESOLUTION AUTHORIZING EXECUTION
OF AN !NTERGOVERNMENTAL AGREEMENT
WITH THE ILLINOIS DEPARTMENT OF
TRANSPORTATION FOR THE DUNDEE ROAD
(coNTRACr 62FAq PROJECT.
BUFEAI.O
GROVE
. wHEREAS the Village of Buffaro crove is a home rure unit pursuant to thelllinois Constitutron of l97O; and
WHEREAS the VTLLACE oF BUFFAo cRovE (vTLLACE) has entered into an
ACREEMENTWith the STATE oF ILLINoIS (STATE) for the improvement of FAP Route
343, lL 68 (Dundee Road) From Kennicott Avenue to First street, known as stateSection: 2Ol7-5]RS, Contract No.: 62F86; and
_ WHEREAS compliance with the aforementioned AoREEMENT, it is necessaryfor the VILLACE to appropriate sufficient funds to pay its share of the cost of said
im provement.
Now THEREFoRE BE tr RESoLVED by the president and Board of Trusrees of theVillage of Buffalo Crove, Cook and Lake Counties, lllinois, as follows:
sEcrloN I. That there is hereby appropriated the sum of rhirty-Two Thousand
Seven Hundred Ninety-Two Dollars (932,792.0o) or so much thereof as may be
necessary, from any money now or hereinafter allotted to the vILLACE, to pay its
share of the cost of this improvement as provided in the AGREEMENT. The fo"regoingrecitals are hereby adopted and incorporated and made a part of this Resolution as iffully set forth herein.
sEcrloN 2. Thatupon receipt of an invoicefromthe srATE,thevtLLACEwill paytothe STATE in a lump sum from any funds alotted to the vTLLACE, an amount equarto 80% ($26,233.60) of its obligation incurred under this ACREEMENT,
"na *iit p"y tosaid srATE the remainder of the obligation in a lump sum, upon completion oitheproject, based on final costs.
sEcrloN 3. That the vTLLACE agre-es to pass a supprementar resorution to provideany necessary funds for its share of the cost of this improvement if the amountappropriated herein proves to be insufficient, to cover said cost.
SECT toN 4.This Resolution shall be in full force and effect from and after itsapproval. This resolution will become Exhibit B of the ACREEMENTpassage and
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O - None
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June I 6,2C25
lune ,l6. 2025
APP VED:
g;ti".-
Ja Sirabian, Village Clerk Eric N. Smith lage President
AYES:
NAYES:
ABSENT:
PASSED:
APPROVED:
ATTEST
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