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R-1182 - 05/22/2012 - GRANT- IDOT - ResolutionsRESOLUTION 2012- GR- IDOT -EXI -R -1182 A RESOLUTION AUTHORIZING THE VILLAGE OF OAK BROOK TO APPLY FOR THE ILLINOIS TRANSPORTATION ENHANCEMENT GRANT WHEREAS, the Illinois Department of Transportation (IDOT) sponsors a grant program for projects under the Illinois Transportation Enhancement Program (ITEP) which provides funding for community -based improvements expanding travel choices and cultivating the cultural, historical, aesthetic and environmental aspects of the transportation infrastructure; and WHEREAS, the Village of Oak Brook has previously applied for and received funding from the above grant project; and WHEREAS, [DOT recently announced the solicitation of projects for the 2012 ITEP; and WHEREAS, the target area for the 2012 ITEP Grant includes streetscape improvements in the area of 22nd Street from Salt Creek to 1 -294 and a few hundred yards north and south on York Road; and WHEREAS, the Village would be requesting $1,661,413 through the ITEP Grant, representing approximately sixty -seven percent (67 %) of the total project cost of $2,498,148, and, if received, the Village would match thirty -three percent (33 %) of the project funds, and which would be an appropriate use of these funds; and WHEREAS, the major focus of this project would be on improvements of street lighting, median improvements and right -of -way plantings in this corridor, and would be in accord with a goal of the Streetscape Committee to improve the quality and image of its public streetscapes. NOW, THEREFORE, be it resolved by the President and Board of Trustees of the Village of Oak Brook, DuPage and Cook Counties, Illinois, as follows: Section 1: That the President and Board of Trustees for the Village of Oak Brook hereby approve and authorize the Village Manager to submit an application in the amount of $1,661,413 for an Illinois Transportation Enhancement Grant. Section 2: That the President and Board of Trustees further approve and authorize the expenditure up to $836,735 from Hotel Tax funds to be allocated for the matching thirty -three percent (33 %) . Section 4: That all resolutions or parts of resolutions in conflict with the provisions of this Resolution are hereby repealed to the extent of such conflict. Section 5: That this Resolution shall be in full force and effect from and after its adoption as provided by law. APPROVED this 22nd' day of May, 201. opal G. Lalmalani Village President Resolution 2012- GR- IDOT -EX1 -R -1182 ITEP Grant Application 2012 Page 2 of 2 PASSED THIS 22nd day of May, 2012. Ayes: Trustees Aktipis, Manzo, Moy, Wolin, Yusuf and Zannis Nays: None ATTEST: Charlotte K. Pruss Village Clerk