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HomeMy WebLinkAboutResolutions - R-02-017 - 09/04/2002 - APPROVE LOCAL MATCH FOR INTERSECTION IMPROVEMENTSR-02- 017 RESOLUTION A RESOLUTION APPROVING THE LOCAL MATCH FOR THE INTERSECTION OF ILLINOIS ROUTE 120 AND ILLINOIS ROUTE 31 (RICHMOND ROAD) 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 Mayors; and WHEREAS, the McHenry County Council of Mayors has adopted policies for the implementation of the Surface Transportation Program (STP) of the Intermodal Surface Transportation Efficiency Act of 1991; and WHEREAS, those policies require that to receive STP Funding through the Council of Mayors, a project sponsor must submit an STP Project Resolution and a Resolution stating that the required local 20% match for that project will be available through the life of the project. NOW THEREFORE, BE IT RESOLVED, that the City of McHenry applies for STP Funding for the specified type of improvement to the intersection of Illinois Route 120 and Illinois Route 31 (Richmond Road). BE IT FURTHER RESOLVED that the City of McHenry hereby agrees that it will allocate the required 20% local match, estimated to be $250,000 to the improvement of Illinois Route 120 and Illinois Route 31 (Richmond Road) so long as the project is programmed in the McHenry County Council of Mayors' Five Year Program or is on its Multi -Year B-list of Projects Passed and approved this 4th day of September, 2002. SignedQ::;;�)� Mayor ATTEST: CiJl�y aerk