(IL 47) and I-88 Interchange Funding
VILLAGE OF SUGAR GROVE BOARD REPORT TO: VILLAGE PRESIDENT & BOARD OF TRUSTEES FROM: ANTHONY SPECIALE, DIRECTOR OF PUBLIC WORKS GEOFF PAYTON, STREETS & PROPERTIES SUPERVISOR SUBJECT: RESOLUTION: INTERGOVERNMENTAL AGREEMENT WITH ILLINOIS TOLLWAY, IDOT AND KANE COUNTY FOR THE I-88 AND IL ROUTE 47 INTERCHANGE PROJECT AGENDA: NOVEMBER 20, 2018 REGULAR BOARD MEETING DATE: NOVEMBER 14, 2018 ISSUE Should the Village approve a resolution authorizing an Intergovernmental Agreement with THE ILLINOIS STATE TOLL HIGHWAY AUTHORITY, an instrumentality and administrative agency of the State of Illinois, hereinafter called the "ILLINOIS TOLLWAY"; the STATE OF ILLINOIS, acting by and through its DEPARTMENT OF TRANSPORTATION, hereinafter called the “DEPARTMENT” and the COUNTY OF KANE, a body corporate and politic of the State of Illinois, hereinafter called the “COUNTY”, for final design, construction engineering and construction of the I-88 and IL Route 47 Interchange Project. DISCUSSION The Village has been coordinating with the Tollway, IDOT and Kane County for participation in the proposed I-88 and IL Route 47 Interchange Project. The Tollway will be the lead agency for final design engineering, construction engineering and construction. The attached IGA outlines the participation levels of the Tollway, IDOT, Kane County and the Village. The total cost of the project is estimated at $24,946,479.00. The Tollway has agreed to provide a total of $14,967,887.00 (60%) towards the estimated delivery cost of the project. IDOT will contribute up to $6,245,000.00 (25%), the County will contribute up to $2,500,000.00 (10%) and the Village will be responsible for up to $1,250,000.00 (5%).
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