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R-95-98 Approving fundraising for the improvement pf Archer Avenue at 127th StreetA. RESOLUTION els-qi RESOLUTION APPROVING FUNDING FOR THE IMPROVEMENT OF ARCHER AVENUE AT 127TH STREET WHEREAS, the Village of Lemont has entered into an agreement with the State of Illinois for the improvement of Route 171 (Archer Avenue), FAP Route 577, known as State Section: 3114N, Village Section: at 127th Street; and WHEREAS, in compliance with the aforementioned agreement, it is necessary for the Village to appropriate sufficient funds to pay its share of the cost for said improvement; and WHEREAS, in order to facilitate the improvement of Illinois Route 171 known as Archer Avenue, State Section 3114N, the Village of Lemont hereby approves the plans and specifications for the proposed construction. NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum of $9,775, or so much thereof as may be necessary, from any money now or hereafter allotted to the Village to pay its share of the cost of this improvement as provided in the agreement; and BE IF FURTHER RESOLVED, that upon award of the contract for this improvement, the Village will pay to the Department of Transportation of the State of Illinois, in a lump sum from any funds allotted to the Village, an amount equal to 95% if its obligation incurred under this agreement, and will pay to said Department the remainder of its obligation (including any nonparticipating costs for FA projects) in a lump sum, upon completion of the project based upon final costs. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL AND DUPAGE, ILLINOIS, on this 23rd day of November , 1998. Barbara Buschman Keith Latz Connie Markiewicz Rick Rimbo Ralph Schobert Mary Studebaker AYES NAYS PASSED ABSENT v Approved by me this 23rd Attest: ARLENE SM I EN, Village Clerk CHARLENE SMOLLEN, Village Clerk November , 1998. RD KWASNESKI, Village President Approved to illage Attorney NOV -09 -1998 08:28 PAGE 2A ESTIMATE OF COST AN P ARf' TC' PATIQN P. 02 FED RAL STATF VILLAGE TYPE QF WORK COST °f_4 COT 1s COST a TOTAL, All roadway work $ 754,110 90% $ 83,790 10% $ N/A $ 837,900 P &C Engineering $ 113,116 90% $ 12,569 10% $ N/A $ 125,685 (15 %) TRAFFIC SIGNALS IL 171 at 127th $ 90,000 90% $ 7,500 7.5% $ 2,500 2.5% $ 100,000 Street/Jane Street P &C Engineering $ 13,500 90% $ 1,125 7.5% $ 375 2.5% $ 15,000 (15 %) Emergency Vehicle $ N/A $ N/A $ 6,000 100% $ 6,000 Pre - emption P &C Engineering $ N/A $ N/A $ 900 100% $ 900 (15 %) Total $ 970,726 $ 104,984 $ 9,775 $ 1,085,485 Note: The Village's participation shall be predicated on the percentages shown above for the specified work. The Village's cost shall be determined by multiplying the final quantities tizzies contract unit prices plus 15% for construction and preliminary engineering, The Village's participation toward traffic signals shall not exceed $3,593.75 which represents 125% of the estimated construction and engineering costs for the aforedescribed signals. s :\wplprojsupp1agmtsUb80818c.doc