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PROPOSED INTERGOVERNMENTAL AGREEMENT (TRANSPORTATION AND HIGHWAYS)
Department: Transportation and Highways
Other Part(ies): County of Lake in the State of Illinois
Request: Approval
Goods or Services: Intergovernmental Right of Way Agreement with the County of Lake wherein the County of Cook will negotiate and acquire Right of Way for improvements along Lake Cook Road from Raupp Boulevard to Hastings Lane. The County of Lake will reimburse the County of Cook for its share of Right of Way acquisition costs for properties north of Lake Cook Road acquired by County of Cook in the name of Lake County.
Location: Lake Cook Road, Raupp Boulevard to Hastings Lane in the County of Lake
Section: 14-A5015-03-RP and 14-A5015-04-RP
Centerline Mileage: 3.07
County Board District: N/A
Agreement Number(s): N/A
Agreement Period: A one-time agreement
Fiscal Impact: $8,141,420.00 ($139,100.00 to be reimbursed from the County of Lake)
Accounts: Motor Fuel Tax Fund (600-585 Account)
Summary: The County of Lake will reimburse the County of Cook for its share of Right of Way acquisition costs for properties north of Lake Cook Road acquired by County of Cook in the name of County of Lake, estimated total County of Lake share $139,100.00.
This Agreement is necessitated by the improvement and is needed to provide a safe, comfortable and sustainable highway.
The Agreement has been examined and approved by this Department and by the State’s Attorney’s Office. I therefore respectfully recommend that it be executed in accordance with the accompanying Resolution.
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