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R92-13 AUTHORIZING THE EXECUTION OF AGREEMENT WITH THE STATE OF ILLINOIS
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R92-13 AUTHORIZING THE EXECUTION OF AGREEMENT WITH THE STATE OF ILLINOIS
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7/25/2016 11:18:05 AM
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Resolution/Ordinance
Res Ord Num
R92-13
Res Ord Title
AUTHORIZING THE EXECUTION OF AGREEMENT WITH THE STATE OF ILLINOIS, DEPARTMENT OF TRANSPORTATION, FOR A MASS TRANSIT CAPITAL GRANT
Approved Date
2/3/1992
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. . • -3- <br /> , • ITEM 2 - AMOUNT OF GRANT !, <br /> The Department agrees to make a Grant in an amount equal to I <br /> $1,800,000 or 100 percent of the actual total pro�ect cost, <br /> whichever is less. The actual total pro3ect costs shall be <br /> determined by the Department after completion of the Pro�ect. No <br /> liability shall be incurred by the State in excess of the amount of <br /> the Grant. <br /> The pro3ect will be funded with 75$ federal funds and 25$ <br /> state funds for nine buses. <br /> ITEM - 3 DOCUMENTS FORMING THIS AGREEMENT <br /> The Parties agree that this constitutes the entire Agreement <br /> between the Parties hereto� that there are no agreements or <br /> understandings. implied or expressed, except as specifically set <br /> forth in the Agreement and that all prior arrangements and <br /> understandings in the connection are merged into and contained in <br /> this Agreement. <br />
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