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PROPOSED INTERGOVERNMENTAL AGREEMENT (TRANSPORTATION AND HIGHWAYS)
Department: Transportation and Highways
Other Part(ies): Illinois State Toll Highway Authority and Village of Schaumburg
Request: Approval of Intergovernmental Agreement
Goods or Services: Construction improvements along Central Road from Ela Road to Roselle Road
Location: Village of Schaumburg
Section: 16-A6110-00-RP
Centerline Mileage: 0.653 miles
County Board District: 14 and 15
Agreement Number(s): N/A
Agreement Period: One-time agreement
Fiscal Impact: $21,921,104.00
Accounts: 600-585
Summary: The Department of Transportation and Highways respectfully requests approval to enter into an Intergovernmental Agreement with the Illinois State Tollway Authority and Village of Schaumburg. Cook County will be the lead agency for construction for improvements along Central Road from Ela Road to Roselle Road. The Illinois State Toll Highway Authority will reimburse the County for its share of improvement costs of $8,816,945.00 and the Village of Schaumburg will reimburse the County for its share of improvement costs of $2,143,607.00
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