HomeMy WebLinkAboutRESOLUTION - 16-95 - 3/14/1995 - AGRMT/NWMCRESOLUTION NO. 16-95
A RESOLUTION AUTHORIZING THE VILLAGE PRESIDENT AND
VILLAGE CLERK TO EXECUTE AN AGREEMENT BETWEEN THE VILLAGE OF
ELK GROVE VILLAGE AND NORTHWEST MUNICIPAL CONFERENCE
(CMAQ BIKE RACK PROGRAM)
NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees
of the Village of Elk Grove Village, Counties of Cook and DuPage, State of
Illinois as follows:
Section 1: That the Village President be and is hereby authorized to
sign the attached documents marked:
MEMORANDUM OF AGREEME14T
a copy of which is attached hereto and made a part hereof as if fully set
forth and the Village Clerk is authorized to attest said documents upon the
signature of the Village President.
Section 2: That this Resolution shall be in full force and effect
from and after its passage and approval according to law.
PASSED
this 14th
day
of
March
, 1995.
APPROVED
this 14th
day
of
March
, 1995.
Dennis J. Gallitano
Village President
ATTEST:
Patricia S. Smith
Village Clerk
MEMORANDUM OF AGREEMENT
WHEREAS, the Chicago Area Transportation Study has awarded to the
Regional council of Mayors the use of Congestion Mitigation and Air
Quality (CMAQ) funds from the federal Intermodal Surface Transportation
Efficiency Act (ISTEA) for the purchase and installation of bicycle
racks and lockers (Project); and
WHEREAS, the CMAQ funds provide 80% of the cost of said Project,
requiring a 20% match by the participating local agency members of the
Council of Mayors; and
WHEREAS, the Village of Buffalo Grove has agreed to act as Lead
Agency for the joint agreement required for the implementation of said
Project on behalf of all participating agencies in the Northwest Council
area; and
WHEREAS, the Northwest Municipal Conference has agreed to
facilitate the bookkeeping and cash handling.
NOW, THEREFORE, the parties hereby agree as follows:
As a participant in said Project, the Village/City of
Elk Grove Village agrees to pay to the Northwest Municipal Conference an
amount equal to its estimated match share of said Project, within 21
days of written notice from the Northwest Municipal Conference.
BE IT FURTHER AGREED, that the proceeds of the match shares from
the participating agencies will be deposited into an interest bearing
account. Interest will not accrue to the participating agencies.
BE IT FURTHER AGREED, that if the final contract price is greater
than estimated, the Village/City of Elk Grove Vlg, shall pay to the
Northwest Municipal Conference its share of such increase within 30 days
of notice and similarly, if the final price is less, the Northwest
Municipal Conference shall refund to the Village/City of Elk Grove Village
its share of such decrease within 30 days.
BE IT FURTHER AGREED, that the Northwest Municipal Conference will
remit the total match share from all participating agencies to the
Village of Buffalo Grove.
BE IT FURTHER AGREED, that the Village/City of Elk Grove Village,
will make available a staff member to act as liaison with the successful
contractor for the purpose of setting locations and providing general
supervision and inspection.
Dated this 14th day of March 1995.
BY: BY:
Dennis J. Gallitano
Print Name & Title Print Name & Title
Village President
Signature
Dennis J. Gallitano
Signature
BY:
Print Name & Title
Signature
Village of Buffalo Village ofElk Grove Vig.Northwest Municipal
Grove, Lead Agency Participating Agency Conference