TO: Mayor and City Council
FROM: Beth Beatty, City Manager
SUBJECT:
title
Resolution Appropriating Motor Tax Funds for the Construction of the Theodore Street (Drauden Road and Wesmere Parkway) Roadway Widening Improvements Project - MFT Section No. 18-00515-01-WR
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BACKGROUND:
Roadway widening improvements are planned on Theodore Street between Drauden Road and Wesmere Parkway. The construction costs for this project will be processed through the Illinois Department of Transportation (IDOT). The City of Joliet will be invoiced a 20% share of the construction costs throughout the project. The Public Service Committee will review this matter.
CONCLUSION:
The City’s share of funding for the construction of this project will come from local Motor Fuel Tax (MFT) funds. The State of Illinois requires the Mayor and City Council to approve a Funding Resolution when utilizing MFT funds. Attached please find a Funding Resolution appropriating $708,333.00 for the City’s share of construction costs.
RECOMMENDATION:
recommendation
Based on the above, it is recommended that the Mayor and City Council approve the Funding Resolution appropriating Motor Fuel Tax Funds.
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