title
INTERGOVERNMENTAL AGREEMENT
BETWEEN THE COUNTY OF DU PAGE AND
LISLE TOWNSHIP ROAD DISTRICT
ROAD MAINTENANCE PROGRAM
SECTION 25-04000-01-GM
(NO COUNTY COST)
resolution
WHEREAS, the County of DuPage (hereinafter referred to as "COUNTY") and the Lisle Township Road District (hereinafter referred to as the "TOWNSHIP") are authorized by the 1970 Illinois Constitution, Article VII, Paragraph 10 and by the Intergovernmental Cooperation Act 5 ILCS 220/1 et seq. to enter into agreements with each other; and
WHEREAS, the COUNTY is required to hold on deposit Township Motor Fuel Tax funds (hereinafter "MFT"), and when authorized by the TOWNSHIP with the approval of the Illinois Department of Transportation (hereinafter referred to as "IDOT"), enter into contracts for improvements to TOWNSHIP roads using said Township Motor Fuel Tax funds; and
WHEREAS, the COUNTY is also required to hold on deposit Township Rebuild Illinois (hereinafter "RBI") Bond Funds and when authorized by the TOWNSHIP with the approval of IDOT, enter into contracts for improvements to township roads using said Township RBI Bond Funds; and
WHEREAS, the COUNTY, on behalf of the TOWNSHIP, will publish a contract proposal for Section 25-04000-01-GM (hereinafter referred to as the "PROJECT") setting forth the terms, conditions and specifications (a copy of which is incorporated herein by reference); and
WHEREAS, the estimated cost of said PROJECT is $1,387,303.55; and
WHEREAS, the COUNTY is holding on deposit $500,000.00 in TOWNSHIP Motor Fuel Tax funds which have been authorized by IDOT for use on the PROJECT; and
WHEREAS, the COUNTY is holding on deposit $170,677.08 in TOWNSHIP RBI Bond Funds which have been authorized by IDOT for use on the PROJECT; and
WHEREAS, it is necessary for the COUNTY to pay the remaining balance of the PROJECT cost with additional funds received from the TOWNSHIP; and
WHEREAS, an Intergovernmental Agreemen...
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