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� '1 <br /> � * <br /> RESOLUTION NO. R2001-47 ' <br /> RESOLUTION APPROPRIATING FUNDS FOR <br /> AGREEMENT WITH <br /> ILLINOIS DEPARTMENT OF TRANSPORTATION <br /> FOR IMPROVEMENT OF US ROUTE 51 BUSINESS AND IL 105 <br /> WHEREAS, the City of Decatur has entered into an Agreement with the State of Illinois <br /> for the improvement of US Route 51 Business and IL 105 (South Main Street, Franklin Street, <br /> Lake Shore Drive, and South Shores Drive), known as State Section 48((X-1,2)RS,K-RS-1) & <br /> 128 I-l; and <br /> WHEREAS, in compliance with the aforementioned Agreement, it is necessary for the <br /> City of Decatur to appropriate sufficient funds to pay its share of the cost of said improvements. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br /> DECATUR,ILLINOIS: <br /> Section 1. That there is hereby appropriated the sum of Eight thousand three hundred and <br /> eighteen dollars and no cents ($8,318.00) or so much thereof as may be necessary, from any <br /> money now or hereinafter allotted to the City to pay for its share of the cost of this improvement <br /> as described in the Agreement. <br /> Section 2. That upon award of the cont�act for this improvement, the City will pay the <br /> Department of Transportation of the State of Illinois in a lump sum from any funds allotted to the <br /> City, an amount equal to 95% of its obligation incurred under this Agreement, and will pay to the <br /> said Department the remainder of the obligation (including any non-participation costs of FAP <br /> projects) in a lump sum,upon completion of the project based upon final costs. <br /> Section 3. That the City agrees to pass a supplemental resolution to provide necessary <br /> funds for its share of the cost of this improvement if the amount appropriated herein proves to be <br /> insufficient to cover said cost. <br /> Section 4. That the Mayor and City Clerk be, and they are hereby, authorized and <br /> directed to sign, seal and attest said agreements on behalf of the City. <br /> PRESENTED and ADOPTED this 19th day of March,�U? 9�':''�—� <br /> � l <br /> �� <br /> TERRY . WLEY, YOR <br /> ATTEST: <br /> ,-� <br /> �����" �, . - �u� <br /> CELESTE F. HARRIS, <br /> CITY CLERK <br />