Will County Accepts $140,000 Developer Donation for Road Improvements
Will County’s Public Works and Transportation Committee accepted a $140,143.90 donation from a developer in lieu of constructing traffic improvements along Laraway Road.
The donation comes from the Lakes Park subdivision development and will be used for county road improvements in the area, including left and right turn lanes that will serve the new subdivision.
Director of Transportation Jeff Ronaldson explained that when developers need traffic improvements but the county has its own construction project planned nearby, the county can accept a monetary contribution instead of having the developer build temporary improvements.
“When a development comes in and they need to do turn lanes or improvements along the roadway and we also have our own project coming along right around the corner, we don’t feel it is necessary for the left turn lane to be in while it’s being constructed,” Ronaldson said.
The Lakes Park development is located along Laraway Road in county board District 2. The donation amount represents 130% of the estimated construction cost, providing a contingency in case bids come in higher than expected.
Committee member Mark Revis questioned whether the county could negotiate for a higher percentage, but Ronaldson said 30% is the industry standard contingency.
The committee approved accepting the donation unanimously.
Latest News Stories
LA school board to discuss superintendent after FBI search
Convention of States rally pushes for fiscal restraint, limits on federal power
Illinois lawmakers push bipartisan energy choice package
Hillary Clinton ‘did not recall’ meeting Epstein, calls for Trump subpoena
Arizona House to consider bill on arrests of illegal immigrants
Walz proposes new gun restrictions in wake of Annunciation school attack
Trump heads to Corpus Christi on affordable economy tour
Pro-life org disappointed in SOTU’s failure to address mail-order abortion drugs
International Monetary Fund says U.S. federal debt ‘too big’
WATCH: Whitmer touts progress, urges unity in last State of the State
Illinois Quick Hits: Chicago suffers credit rating downgrades
California lawmakers talk about impacts of H.R. 1 for food aid