TO: Mayor and City Council
FROM: Beth Beatty, City Manager
SUBJECT:
title
Resolution Appropriating Rebuild Illinois Bond Funds for the Theodore Street (FAU400) Widen and Resurface Project - MFT Sect. No. 18-00515-02-WR in the amount of $3,592,706.33
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BACKGROUND:
The Theodore Street (FAU 400) Widen and Resurface project is being funded by Rebuild Illinois bond funds. The Public Service Committee will review this matter.
CONCLUSION:
Funding for this project will come from Rebuild Illinois bond funds. The State of Illinois requires the Mayor and City Council to approve a Funding Resolution. Please find attached a Funding Resolution appropriating $3,592,706.33 for the Theodore Street (FAU 400) Widen and Resurface project.
RECOMMENDATION:
recommendation
Based on the above, it is recommended that the Mayor and City Council approve the Funding Resolution appropriating Rebuild Illinois bond funds.
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