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PROPOSED GRANT AWARD
Department: Department of Transportation and Highways
Grantee: Cook County Department of Transportation and Highways
Grantor: Illinois Department of Transportation (IDOT): Illinois Competitive Freight Program
Request: Authorization to accept grant
Purpose: Right-of-way acquisition
Grant Amount: $1,443,680.00 from the Illinois Competitive Freight Program
Grant Period: 5 years starting at execution of the funding agreement by the Grantor
Fiscal Impact: $1,804,600.00 ($1,443,680 to be reimbursed from the State of Illinois)
Accounts:
Motor Fuel Tax Accounts: 11300.1500.29150.560010, 11300.1500.29150.521551
Grant Accounts to be used upon Board approval and Budget set up completion, 11900.1500.560010, 11900.1500.521551
Concurrences:
The Budget Department has received all requisite documents and determined the fiscal impact on Cook County, if any.
Summary: The Department of Transportation and Highways respectfully requests Approval of the Proposed Grant Award Acceptance between the County and the Illinois Department of Transportation (IDOT) for the Illinois Competitive Freight Program award. Cook County will be the lead agency for the right-of-way acquisition for the proposed partial interchange at 88th/Cork Ave and I-294, to be identified as Cook County Section: 19-W3019-00-PV (estimated right-of-way acquisition cost $1,804,600.00); IDOT will reimburse Cook County up to a maximum of $1,443,680.00 and the County of Cook shall be responsible for the remaining balance (estimated $360,920.00)
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