Title
Joint resolution authorizing an agreement with the State of Illinois for the distribution of the 2014 Capital Bill to six additional townships in Lake County as part of their Motor Fuel Tax (MFT) eligibility.
Staff Summary
* 2014 Capital Bill for Township Motor Fuel Tax Distribution: IDOT Agreement.
* The State of Illinois, under the 2014 Capital Bill, included $100 million distribution of funds to local agencies based on their MFT eligibility as distributed in 2009, under the Illinois Jobs Now! Capital Bill.
* Changes to the MFT distribution eligibility in 2011 increased the number of eligible townships for MFT distribution.
* Six additional townships (Benton, Ela, Libertyville, Shields, Vernon, and Waukegan) in Lake County are identified as eligible for the township MFT distribution.
* The resolution authorizes an agreement with the State of Illinois for the transfer of funds to the appropriate townships' MFT accounts based upon the current MFT eligibility.
Body
R E S O L U T I O N
WHEREAS, The State of Illinois, under the 2014 Capital Bill, included $100 million distribution of funds to local agencies based on their Motor Fuel Tax eligibility as distributed in 2009, under the Illinois Jobs Now! Capital Bill; and
WHEREAS, changes to the Motor Fuel Tax distribution eligibility in 2011 increased the number of eligible townships for Motor Fuel tax distribution; and
WHEREAS, six additional townships (Benton, Ela, Libertyville, Shields, Vernon, and Waukegan) in Lake County are identified as eligible for the township Motor Fuel Tax distribution; and
WHEREAS, the State of Illinois and Lake County are desirous of entering into an agreement for the distribution of the 2014 Capital Bill to six additional townships in Lake County as part of their current Motor Fuel Tax eligibility, a draft copy of which is attached hereto.
NOW, THEREFORE BE IT RESOLVED by this Lake County Board, that the County Board Chair, the County Clerk and th...
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