R2021-97 Resolution Authorizing An Agreement with the State of Illinois for Improvements of Eldorado Street (IL 105) at its Intersection with 24th Street by Municipality Under the Illinois Highway Code City Project 2021-07 Section No. 21-00107-00-TL

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RESOLUTION NO. 9--3-0 a l -9`] RESOLUTION AUTHORIZING AN AGREEMENT WITH THE STATE OF ILLINOIS FOR IMPROVEMENTS OF ELDORADO STREET (IL 105)AT ITS INTERSECTION WITH 24TH STREET BY MUNICIPALITY UNDER THE ILLINOIS HIGHWAY CODE CITY PROJECT 2021-07 SECTION NO. 21-00107-00-TL WHEREAS,the CITY OF DECATUR has entered into an AGREEMENT with the STATE OF ILLINOIS, acting by and through its DEPARTMENT OF TRANSPORTATION, for the improvement of FAP 741 (IL 105),known as State Section(12Z)TS-1 at its intersection with 24`' Street in Decatur and, WHEREAS, in compliance with the aforementioned AGREEMENT, it is necessary for the CITY of DECATUR to appropriate sufficient funds to pay its share of the cost of said improvement; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, ILLINOIS: Section 1. That the Agreement between the City of Decatur and the State of Illinois,for the improvement of Eldorado Street(ILI05).,from its intersection with 24`h Street is hereby,received and placed on file. Section 2. That the Mayor and City Clerk be, and they are hereby authorized and directed to execute an Agreement between the City of Decatur, Illinois, and the State of Illinois, acting through its Department of Transportation,attached hereto as Exhibit 1 and made a part hereof, in the amount of$38,750. Section 3. That the CITY OF DECATUR has appropriated the sum of Thirty Eight Thousand Seven Hundred Fifty dollars ($38,750) or so much thereof as may be necessary, from any money now or hereafter allotted to the CITY OF DECATUR to pay its share of the cost of this improvement as provided in the AGREEMENT; and Section 4. That upon award of the completion of the contract for this improvement,the CITY OF DECATUR will pay to the DEPARTMENT OF TRANSPORTATION of the STATE OF ILLINOIS in a lump sum from any funds allotted to the CITY OF DECATUR, an amount equal to 100%of its obligation incurred under this AGREEMENT based upon final costs. Section 5.That the CITY OF DECATUR agrees to pass a supplemental resolution to provide any necessary funds for its share of the cost of this improvement if the amount appropriated herein proves to be sufficient to cover said cost. Section 6. That the Clerk shall immediately transmit two certified copies of this resolution to the district office of the Department of Transportation, at Effingham, Illinois.