HomeMy WebLinkAboutResolutions - R-18-002 - 01/15/2018 - Local Match Pearl & Lincoln Road ProgramR-18-002
RESOLUTION APPROVING THE LOCAL MATCH FOR
CERTAIN STREET IMPROVEMENTS THROUGH THE
MCHENRY COUNTY COUNCIL OF MAYORS
SURFACE TRANSPORTATION PROGRAM
WHEREAS, the City of McHenry is a member of the McHenry County Council of
Mayor's; and
WHEREAS, the McHenry County Council of Mayors has adopted policies for the
implementation of the Surface Transportation Program (STP) of the International Surface
Transportation Efficiency Act of 1991; and
WHEREAS, the City Council wishes to ensure that there are adequate financial
resources available for the City's contribution to the Pearl Street and Lincoln Road Project (the
"Project"); and
WHEREAS, the City Council in 2014, submitted an application to the McHenry County
Council of Mayors for an STP Project, said application was approved and the City has
committed to be the lead agency on said Project; and
NOW, THEREFORE, BE IT FURTHER RESOLVED that the City of McHenry
hereby agrees that it will allocate the General Fund portion of the required local match,
established to be $629,000 as well as the Water and Sewer Fund portion of the required local
match, established to be $380,000 to the Project.
Adopted by the City Council this 15' day of January 2018, by a roll call vote.
Voting Aye:
Santi, Mihevc, Curry, Devine, Glab
Voting Nay:
None
Abstaining:
Condon
Absent:
Schaefer
M or
ATTEST:
/ j Deputy City Cifrk