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R-1939 - 03/23/2021 - PUBLIC WORKS - Resolutions THE VILLAGE OF OAK BROOK COOK AND DUPAGE COUNTIES, ILLINOIS RESOLUTION NUMBER 2021 -MFT-FNDS-TRNSF-R-1939 A RESOLUTION APPROVING AND AUTHORIZING THE TRANSFER OF FUNDS FROM THE MOTOR FUEL TAX (MFT) FUND TO THE INFRASTRUCTURE FUND FOR THE 16TH STREET ROADWAY IMPROVEMENT PROJECT GOPAL G. LALMALANI, Village President CHARLOTTE K, PRUSS, Village Clerk JOHN BAAR PHILIP CUEVAS MICHAEL MANZO MOIN SAIYED EDWARD TIESENGA ASIF YUSUF Village Board Published in pamphlet form by authority of the President and the Board of Trustees of the Village of Oak Brook on this the 23rd day of March 2021 RESOLUTION NO.2021-MFT-FNDS-TRNSF-R-1939 A RESOLUTION APPROVING AND AUTHORIZING THE TRANSFER OF FUNDS FROM THE MOTOR FUEL TAX(MFT)FUND TO THE INFRASTRUCTURE FUND FOR THE 16TH STREET ROADWAY IMPROVEMENT PROJECT WHEREAS,the Village of Oak Brook is a municipal corporation with authority provided for and granted pursuant to the Illinois Municipal Code to exercise certain powers and perform certain functions pertaining to its local government and affairs; WHEREAS,the Village of Oak Brook(hereinafter referred to as"Village")upon approval of the corporate authorities may enter into an Agreement with another party pursuant to Illinois Statute; WHEREAS,in November 2019,the Village Board awarded a contract to K-5 Construction Corporation,for the 16th Street Resurfacing Project, on 16th Street between Spring Road and Route 83; WHEREAS,at that point in time,IDOT determined it to be too late into the winter months to issue any work permits for the Right of Way at the intersection of 16th Street and Route 83; WHEREAS,after further delays due to the emergence of COVID-19,the project was bid out in September 2020 and the work was completed in November 2020; WHEREAS,the cost of said Project is a qualifying cost attributable to the Motor Fuel Tax but was originally paid for out of the Infrastructure Fund account 461-90700; WHEREAS,the Village is requesting the transfer of$185,000 from the Motor Fuel Tax Fund to the Infrastructure Fund in order to pay for roadway improvements; WHEREAS,the Village of Oak Brook Corporate Authorities are of the opinion that it is in the best interest of the Village of Oak Brook to transfer the funds for the purposes referenced herein. NOW,THEREFORE, BE IT RESOLVED by the Village President and Board of Trustees of the Village of Oak Brook,DuPage and Cook Counties,Illinois as follows: Section One-Recitals The Corporate Authorities hereby find that all of the recitals hereinbefore stated as contained in the preamble to this Resolution are full,true and correct and do hereby,by reference, incorporate and make them part of this Resolution as legislative findings. 2 Section Two—Approval of Transfer The Corporate Authorities hereby recognize that the funds identified herein are a qualifying cost and attributable to the Motor Fuel Tax Fund and hereby further approves the transfer of one hundred eighty-five thousand ($185,000.00) from the Motor Fuel Tax Fund to reimburse the Infrastructure Fund. Section Three—Authorization and Direction The Village Treasurer is hereby authorized and directed to pay/reimburse to the Infrastructure Fund from the Motor Fuel Tax Fund an amount equal to$185,000.00 which shall be identified as the cost and payment for the roadway improvements associated with the 16th Street Resurfacing Project. Section Four-Other Actions Authorized The officers,employees and/or agents of the Village shall take all actions necessary or reasonably required to carry out and give effect to the intent of this resolution and otherwise to consummate the transactions contemplated herein, and shall take all actions necessary in conformity therewith including, without limitation, the execution and delivery of all documents required to be delivered in connection with the transaction contemplated herein. Section Five-Acts of Village Officials That all past, present and future acts and doings of the officials of the Village that are in conformity with the purpose and intent of this resolution are hereby, in all respects, ratified, approved,authorized and confirmed. Section Six—Effective Date This resolution shall be in full force and effect from and after its passage, approval and publication as provided by law. Section Seven—Publication This resolution shall be published in book or pamphlet form as provided by the Illinois Municipal Code. Section Eight—Conflict Clause All resolutions,parts of resolutions or board actions in conflict herewith are hereby repealed to the extent of such conflict. Section Nine—Saving Clause If any section,paragraph,clause or provision of this resolution is declared by a court of law to be invalid or unconstitutional,the invalidity or unconstitutionality thereof shall not affect the validity of any other provisions of this resolution,which are hereby declared to be separable. 3 Section Ten - Recording This resolution shall be entered into the minutes and upon the journals of the Board of Trustees of the Village of Oak Brook. PASSED THIS 23 Id day of March 2021 Ayes: Trustees Baar, Cuevas, Manzo, Saiyed, Tiesenga, Yusuf Nays: None Absent: None APPROVED THIS 23 Id day of March 2021 Gopal G. Lalmalani Village President ATTEST: du�p'xt-"� Charlotte K. Pruss Village Clerk vE Of 0.44. G O A � 9c��auNTr •���` 4