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HomeMy WebLinkAboutRESOLUTION - 19-26 - 3/24/2026 - Funding Assistance Oakton Resurfacing ProjectRESOLUTION NO. 19-26 A RESOLUTION AUTHORIZING THE VILLAGE OF ELK GROVE TO APPLY FOR FUNDING ASSISTANCE THROUGH THE INVEST IN COOK GRANT PROGRAM PROVIDING LOCAL ASSURANCE FOR OAKTON STREET RESURFACING PROJECT WHEREAS, the Village of Elk Grove Village (the "Village") is an Illinois home rule municipal corporation organized and operating under the Constitution and laws of the State of Illinois; and WHEREAS, the Mayor and Board of Trustees of the Village of Elk Grove Village, Cook County, Illinois desire to improve and enhance the Village's planned bicycle network; and WHEREAS, the Village has applied to Cook County for funding assistance through the Invest in Cook ("IIC") Grant Program for the Oakton Street Resurfacing Project. Invest in Cook prioritizes proposals that support transit and other transportation alternatives, support the region's role as North America's freight capital, promote equal access to opportunities, maintain and modernize what already exists and increase investment in transportation; and WHEREAS, the Village is requesting funding of $500,000 toward the construction of an eight -foot wide sidepath along the north side of Oakton Street from Shadywood Lane to Arlington Heights Road, which would complete a large section of the Village's planned bicycle network and connect to Busse Woods Forest Preserve; and WHEREAS, the Oakton Street Resurfacing Project will also include curb bump outs for traffic calming and lane delineation along Oakton Street, increasing corridor safety for vehicles and pedestrians. The total construction estimate for this project is approximately $3,911,000. Staff have requested $500,000, which is the maximum request allowable, in IIC grant funding in an effort to reduce the Village's share of the construction cost. WHEREAS the staff of Cook County have requested the Village follow up with a resolution of support from the Village Board. The resolution certifies that the Village is able to manage, maintain and operate the project, possesses legal authority to finance and construct the project, and affirms that the project will commence within the timeline as outlined in the grant application. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois, that the Village staff is authorized to apply for the Invest in Cook Grant Program (IIC) to assist in the funding of the above -described project. BE IT FURTHER RESOLVED by the Mayor and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois as follows: Section 1: The Mayor and Board of Trustees certify that they are willing and able to manage, maintain and operate the project. Section 2: The Mayor and Board of Trustees affirm that, if selected, the Project will commence within the timeline as outlined in the Grant application. Section 3: This Resolution shall be in full force and effect immediately from and after its passage and approval according to law. VOTE: AYES:5 NAYS:0 ABSENT:1 PASSED this 2V day of March 2026. APPROVED this 241h day of March 2026. ATTEST: 61 nnifer S. Mahon, Village Clerk Ell 7-9111$] Mayor Craig B. Joh9gon Village of Elk Groo Village 2