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R92-176 AUTHORIZING AGREEMENT IDOT NORTH MAIN STREET AND MARIETTA STREET
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R92-176 AUTHORIZING AGREEMENT IDOT NORTH MAIN STREET AND MARIETTA STREET
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7/19/2016 4:27:01 PM
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Resolution/Ordinance
Res Ord Num
R92-176
Res Ord Title
AUTHORIZING AGREEMENT ILLINOIS DEPARTMENT OF TRANSPORTATION NORTH MAIN STREET AND MARIETTA STREET
Approved Date
11/16/1992
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; <br /> F.A. Route 710 (U.S. Route 36) <br /> Section (SOZ-2)TS-1 <br /> City of Decatur <br /> Macon County <br /> Agreement No. J-593005 <br /> Contract No. 90421 <br /> . Eshibit " C " <br /> WHEREAS, the of has entered into an Agreement <br /> with the State of Illinois for the improvement of Street ( <br /> Route , known as State Section , <br /> Section ; and <br /> WfiERF,AS, in compliance with the aforementioned Agreement it is necessary <br /> for the to appropriate sufficient funds to pay its share of the <br /> cost of said improvement. <br /> NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum <br /> of Dollars ($ ) or so much thereof as may be necessary, <br /> from any money now or hereinafter allotted to the to pay its <br /> share of the cost of this improvement as provided in the Agreement; and <br /> BE IT FURTHER RESOLVED, that upon award of the contract for this <br /> improvement, the will pay to the Department of Transportation of <br /> the State of Illinois in a lump sum from any funds allotted to the <br /> , an amount equal to 95X of its obligation incurred under this <br /> Agreement and will pay to the said Department the remainder of the obligation <br /> in a lump sum, upon completion of the pro�ect based upon final costs. <br /> BE IT FURTHER RESOLVED, that the agrees to pass a <br /> suppl miental resolution to provide necessary funds for its share of the cost <br /> of this improvement if the amount appropriated herein proves to be <br /> insufficient to cover said cost. <br /> 7470B.5 <br />
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