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R90-70 AUTHORIZING AGREEMENT WITH IDOT FOR A MASS TRANSIT CAPITAL GRANT
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R90-70 AUTHORIZING AGREEMENT WITH IDOT FOR A MASS TRANSIT CAPITAL GRANT
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Last modified
8/4/2016 11:37:00 AM
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Resolution/Ordinance
Res Ord Num
R90-70
Res Ord Title
AUTHORIZING THE EXECUTION OF AGREEMENT WITH THE STATE OF ILLINOIS, DEPARTMENT OF TRANSPORTATION, FOR A MASS TRANSIT CAPITAL GRANT
Approved Date
6/4/1990
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-2- <br /> NOW THEREFORE, in consideration of the mutual covenants <br /> hereinafter set forth , this Agreement is made to provide State <br /> financial assistance to the Grantee in the form of a capital grant <br /> (hereinafter referred to as the "Grant"), to set forth the terms and <br /> conditions upon which the Grant will be made and to set fortfi the <br /> agreement of the Parties as to the manner in which �e P roject will <br /> be undertaken, completed and used. <br /> ITEM 1 - THE PROJECT <br /> The Grantee agrees to undertake and complete the Pro3ect and <br /> to provide for the use of Project facilities and equipnent as <br /> described in the Grantee's final application approved by the ' <br /> Department, as specified by the approved Project Budget and in I'' <br /> accordance with this Agreement and a11 applicable laws. The <br /> P roject, which is more particularly described in the plans, <br /> specifications and schedules set forth in the Grantee's final <br /> application, is generally described as: <br /> 1 . Purchase one lift-equipped van <br /> 2. Purchase a computer sy stem <br /> 3. Purchase a tire changer <br /> 4. Purchase a sandblaster <br />
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