TO: Mayor and City Council
FROM: Beth Beatty, City Manager
SUBJECT:
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Resolution Approving an Agreement with the Illinois Department of Transportation for Construction and Construction (Phase III) Engineering Services for the Theodore Street (Drauden Road - Wesmere Parkway) Roadway Widening Improvements Project - MFT Section No. 18-00515-01-WR
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BACKGROUND:
The City is working towards improving Theodore Street between Drauden Road and IL Route 59 with construction being completed in phases. Project 1a, located between Wesmere Parkway and River Road, is currently under construction. Project 1b, with limits between Drauden Road and Wesmere Parkway, is being prepared for an IDOT Letting on November 8, 2024.
The City has been approved for Federal funding through the Surface Transportation Program (STP) to complete roadway widening improvements for Project 1b. The improvements consist of the widening of Theodore Street to a five-lane cross section, installation of a traffic signal at the intersection of Theodore Street and Drauden Road and the installation of a bike path.
The total estimated cost of the Construction and Construction Engineering (Phase III Engineering) is in the amount of $3,895,666.00, with a federal share of $3,116,533.00 (STP funds) and a City share of $779,133.00 (MFT Funds). The City will be reimbursed by IDOT for the Federal share of the construction engineering upon completion of the project. Upon reimbursement by IDOT, the City's final share will be $708,333.00.
The Public Service Committee will review this matter.
CONCLUSION:
Attached is a Resolution approving a Joint Funding Agreement for Federally Funded Construction (Agreement) with the Illinois Department of Transportation for the subject project. The cost estimate for Construction is in the amount of $3,541,666.00. The cost estimate for Construction Engineering (Phase III Engineering) is in the amount of $354,000.00. These costs will be split on an 80% Federal / 2...
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