Title
Joint resolution appropriating $42,200 of ¼% Sales Tax funds for Transportation and Public Safety funds for right-of-way costs associated with the proposed improvements to the intersection of Wadsworth Road (County Highway 17) and IL Rte. 131 and designated as Section 03-00033-12-LA.
Staff Summary
· Wadsworth Road at IL Rte. 131, Intersection Improvement Right-of-way Action: Appropriation
· Preliminary plans and specifications have been prepared for improvements to the intersection of Wadsworth Road at Cambridge Drive. It is a new subdivision road.
· A developer donation ($979,100) has been accepted for the Cambridge Drive site access work.
· By prior major access permit, Cambridge Homes, D.R. Horton, was required to provide a cash donation to guarantee that they would acquire the necessary right-of-way for their portion of the improvement.
· Once the developer’s acquisitions were complete a portion of the cash contribution was to be reimbursed by Lake County.
· Cambridge Homes, D.R. Horton, has completed its right-of-way acquisition and has submitted a request for reimbursement of a portion of their cash donation for said acquisition ($42,200).
· Before this refund can be processed an appropriation of $42,200 of ¼% Sales Tax for Transportation and Public Safety funds is necessary.
Body
R E S O L U T I O N
WHEREAS, Wadsworth Road (County Highway 17) is a designated route on the county highway system; and
WHEREAS, it would be beneficial to the safety and welfare of the motoring public if the intersections of Wadsworth Road at IL Rte. 131 and Wadsworth Road at Cambridge Boulevard could be improved by widening, reconstruction and the modernization of traffic control signals; and
WHEREAS, Cambridge Homes, D.R. Horton, was issued an access permit for their new subdivision road, Cambridge Boulevard, and the construction of their required site access work was made a part of the county’s ongoing improvement to the intersection of Wadsworth Road at...
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