Title
IL Rte 21 (IL Rte 137 to IL Rte 120): Letter of Intent (Committee Approval of LOI)
Staff Summary
• IL Rte 21 (IL Rte 137 to IL Rte 120): Letter of Intent (Committee Approval of LOI)
• The County Board on June 10, 2008 adopted, as a planning document, the “Plan for Use of the Collar County Transportation Empowerment Funds”, including the $50 million in 2011 state challenge bonds.
• The state challenge bonds were offered to IDOT towards construction of projects on three state highway corridors on which some engineering effort was already underway: IL 21 (IL 137 to IL 120), US 45 (IL 21 to IL 83) and IL 60 (US 45 to IL 176).
• The allocation of the 2011 bond money was to be for the projects that IDOT brought forth on these corridors.
• IDOT has made an initial request of $31 million of said state challenge bonds for the construction of IL 21 (IL 137 to IL 120) in CFY 2011 to widen this existing 2-lane section of highway to 4-lanes.
• IDOT needs assurance by a signed Letter of Intent (LOI) that said challenge bond funding will be forthcoming before it will commit to finalizing engineering and acquiring all necessary right-of-way needed for construction.
• A notification letter was sent out to communities on the other two corridors of the pending action by the PWTC on the IDOT LOI.
• Direction is requested to sign the LOI.
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