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R-299-94 Appropriating funding for village financial share of State Street (127th to Peiffer) improvementsITEM VI.B.2 RESOLUTION RESOLUTION APPROPRIATING FUNDING FOR VILLAGE FINANCIAL SHARE OF STATE STREET (127TH TO PEIFFER) IMPROVEMENTS WHEREAS, the Village of Lemont has entered into an agreement with the State of Illinois for the improvement of State Street (FAU Route 2632), know as State Section: C -N- 1, Village Section: 93- 00023- 00 -WR; and WHEREAS, in compliance with the aforementioned Agreement, it is necessary for the Village of Lemont to appropriate sufficient funds to pay its share of the cost of said improvement; NOW,'1'HEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum of $226,262.00, 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 IT FURTHER RESOLVED, that the Village Agrees to pass a supplemental Resolution to provide necessary funds for its share of the cost of this improvement if the amount appropriated herein proves to be insufficient to cover said cost. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL, AND DU PAGE, ILLINOIS ON THIS 24th DAY OF January , 1994. Barbara Buschman Alice Chin Keith Latz William Margalus Richard Rimbo Ralph Schobert Approved by me this Attest: 24th day of AYES NAYS PASSED ABSENT v ke Ale v v CHARLENE M. SMOLLEN, Village Clerk January CHARLENE M. SMOLLEN, Village Clerk , 1994/ HARD A. : ASNESKI, Village President