Lake County, IL
File #: 25-0356    Version: 1 Name: Approval of an Intergovernmental Agreement between the SMC and the Village of Lincolnshire for the Windsor Drive Drainage Improvement Project with a Project Expense Match (PEM) value of $298,361.00, subject to final legal review.
Type: commission action item Status: Commission Business
File created: 2/28/2025 In control: Lake County Stormwater Management Commission
On agenda: Final action:
Title: Approval of an Intergovernmental Agreement between the SMC and the Village of Lincolnshire for the Windsor Drive Drainage Improvement Project with a Project Expense Match (PEM) value of $298,361.00, subject to final legal review.
Attachments: 1. WIindsor Drive Drainage Improvement Project IGA VER02, 2. WIindsor Drive Drainage Improvement Project Location Map Location Map
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Approval of an Intergovernmental Agreement between the SMC and the Village of Lincolnshire for the Windsor Drive Drainage Improvement Project with a Project Expense Match (PEM) value of $298,361.00, subject to final legal review.

Staff Summary

•                     Funding for the intergovernmental agreement is included in Grant Agreement No. 24-413046 between Lake County and the Illinois Department of Commerce and Economic Opportunity (DCEO) that was executed December 15, 2024.

•                     This project was authorized by SMC for inclusion in DCEO-STOCIP Regional Stormwater Infrastructure Project Round 2 on September 5, 2024.

•                     The intergovernmental agreement will provide funding, on a reimbursement basis, to the Village of Lincolnshire in an amount not-to-exceed $2,750,000.00 for the Windsor Drive Drainage Improvement Project.

•                     The Village of Lincolnshire will pay a Project Expense Match to SMC of $298,361.00 for administrative and engineering expenses related to the projects.