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Ordinance 2006-022 AEAM #� ORDINANCE NO. --X)O -• a APPROPRIATION OF FUNDS FOR ROADWAY LIGHTING AND UTILITY CASING AT ILLINOIS 126 AND 71 INTERSECTION WHEREAS, the city of Yorkville of Kendall County, Illinois, hereinafter called the CITY, has entered into an agreement with the state of Illinois through its Department of Transportation, hereinafter called the STATE, of which the said parties are to participate in sharing certain costs for improving the intersection of Illinois 71 and 126 within the CITY corporate limits; identified under FAP 311, State Section 1 N &TS, MFT Section 06- 00033- 00 -TL. WHEREAS, in compliance with the aforementioned agreement, it is necessary for the CITY to appropriate an estimated amount of $17,250 of MOTOR FUEL TAX FUNDS to pay its reimbursement to the STATE for the engineering and construction costs of roadway lighting, emergency preemption units and additional sign panels.. WHEREAS, the CITY hereby appropriates an additional $20,700 of GENERAL REVENUE and /or other funds to pay for the engineering and construction costs of installing two utility casings. NOW, THEREFORE, BE IT ORDAINED that there is appropriated the sum of FORTY THOUSAND DOLLARS ($40,000) or so much thereof as may be necessary, from money now and hereinafter allotted to the CITY through a combination of Motor Fuel Tax and other general funds, to pay its share of engineering and construction costs as provided in the agreement, and BE IT FURTHER RESOLVED, that upon receipt of the first and subsequent progress payments made to the contractor, the CITY will pay to the Illinois Department of Transportation of the state of Illinois, to and from funds allotted to the CITY, an amount equal to the CITY's share of $40,000 divided by the estimated construction costs, $1,963,000, multiplied by the actual progress payment made to the contractor until the entire obligation incurred under the Agreement has been paid, based upon final bid unit prices. The CITY's actual monetary reimbursement obligation to the STATE will be based on final bid unit prices of the awarded contract.. BE IT FURTHER ORDAINED that the CITY agrees to pass a supplemental resolution to provide additional funds if the amount appropriated herein proves to be insufficient to cover its share of the costs. I 7 APPROVED: STATE OF ILLINOIS ) CITY OF YORKVILLE ) I, Jacquelyn Milschewski, City Clerk, in and for the city of Yorkville, hereby certify the foregoing to be a true, perfect, and complete copy of the resolution adopted by the City Council at a meeting on .� -,• .2006. sir ti .� Mayor Arthur Prochaska IN TESTIMONY WHEREOF, I have hereunto set my hand and seal this day of 2006. Date C' er STATE OF ILLINOIS DEPARTMENT OF TRANSPORTATION Gregory L. Mounts, P.E. Deputy Director of Highways Region 2 , 2006 8