Submitted By
Bill McKenna, Village Engineer
Reviewed By
A.M. Zayyad, Deputy Village Manager
Agenda Item Title
Title
A Resolution Approving a Grant Agreement between the State of Illinois, Department of Commerce and Economic Opportunity, and the Village of Oak Park for the Resurfacing of Various Streets and Madison Street Streetscape Projects in an Amount Not to Exceed $3,000,000 and Authorizing its Execution
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Overview
Overview
In 2021 the State of Illinois approved three million dollars in Department of Commerce and Economic Opportunity (DCEO) funds for the Village of Oak Park for costs associated with street resurfacing infrastructure improvements. As approved in the Fiscal Year 22 and Fiscal Year 23 Budgets, the Village will utilize these State funds for the 22-2 Resurfacing of Various Streets project and the Madison Street Streetscape project. This Grant Agreement defines the terms of the grant and allows for the Village to move forward with bidding on the Madison Street project.
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Recommendation
Recommendation
Adopt the Resolution.
Background
In 2021 the State of Illinois approved $3 million dollars in DCEO funds for the Village of Oak Park for costs associated with street resurfacing infrastructure improvements. In 2022 the Village submitted the formal grant application to use these funds to partially fund the 22-2 Resurfacing of Various Streets project and the Madison Street Streetscape project. In 2022 the State approved the scope of the 22-2 Resurfacing of Various Streets project and authorized the Village to move forward with this project while the Village and DCEO worked on the formal grant agreement for all of the funds. The DCEO has approved the scope of the proposed Madison Street Streetscape project and has now prepared the formal grant agreement to use the $3 Million for both projects.
The 22-2 Resurfacing of Various Streets project is anticipated to be completed in late June of this year. Now that the DCEO has appro...
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