Lake County, IL
File #: 24-1300    Version: 1 Name: Approval of Funding Limit Waiver for DCEO Round 1 Seavey Phase 2 ‐ Libertyville Storm Sewer Capacity Upgrades Project
Type: commission action item Status: Commission Business
File created: 9/25/2024 In control: Lake County Stormwater Management Commission
On agenda: Final action:
Title: Approval of Funding Limit Waiver for DCEO Round 1 Seavey Phase 2 Libertyville Storm Sewer Capacity Upgrades Project
Attachments: 1. DCEO R1 Seavey 2 Policy Waiver VER.02, 2. DCEO R1 Seavey 2 Policy Waiver Location Map VER.02

Title

Approval of Funding Limit Waiver for DCEO Round 1 Seavey Phase 2 Libertyville Storm Sewer Capacity Upgrades Project

 

Staff Summary

•                     Project was awarded $2,141,377 in DCEO Round 1 funding.

•                     Section 5.B of policy identifies the DCEO-STOCIP funding limit of $2,750,000 ($2,500,000 plus $250,000 in contingency) per project and the procedure for waiving those limits. 

•                     The Funding Limit Waiver provisions in the DCEO-STOCIP Capital Program Policies and Procedures require SMC staff to present to the Commission any waiver request.

•                     SMC staff recommends waiving the funding limit for Seavey Phase 2 - Libertyville Storm Sewer Capacity Upgrades Project.