Submitted By
Bill McKenna, Village Engineer/Assistant Public Works Director
Reviewed By
Erin E. Baynes, Assistant to the Village Manager
Agenda Item Title
Title
A Resolution Approving an Intergovernmental Agreement between the Village of Oak Park and the County of Cook for the Invest in Cook Grant for the 2025 Neighborhood Greenway Project in an Amount of $125,000 and Authorizing its Execution
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Overview
Overview
The Village received an Invest in Cook Grant in the amount of $125,000 to help fund the construction of the 2025 Neighborhood Greenway/Bike Boulevard project. The Intergovernmental Agreement (IGA) defines the terms and conditions of the grant and construction processes. The project is scheduled to be designed in the fall for construction in the summer of 2025. The estimated cost for construction is $2.5 million.
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Recommendation
Recommendation
Adopt the Resolution.
Background
The Village was recently awarded an Invest in Cook Grant to help fund the construction of the 2025 Neighborhood Greenway/Bike Boulevard project. Staff applied for this grant in May of this year. The $125,000 grant will fund a portion of the construction costs which are estimated at $2,500,000. Design is planned to start this fall for construction next summer. The Transportation Commission will review the draft design and provide input on any requested revisions.
In order to fit with the Invest in Cook grant's goals and scoring, portions of the Neighborhood Greenway system were selected in low- to moderate-income areas and near mass transit stations. A map showing the draft locations is included in the IGA.
Fiscal Impact
The 2024-2028 Capital Improvement Plan and the proposed Fiscal Year 2025 Budget includes $2,500,000 for construction of the 2025 Neighborhood Greenway system in the Capital Improvement Fund, Public Works - Engineering, Capital Improvements, Bicycle Plan Improvements account no. 3095-43780-101-570967. The Cook County grant will reim...
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