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
Illinois quick hits: Chicago man faces charges in road-rage shooting; migrant accused of murdering church volunteer; Illinois Liquor Control Commission launches new system
Executive Committee Advances “Project Northwinds”: 2,475 Jobs and $346 Million Investment Proposed for Former Caterpillar, Lion Electric Sites
Land Use Committee Advances Mokena Scrap Yard and Homer Glen Landscape Business Over Local Objections
Foxx to face questions about murder conviction review ‘investigations’
Planning Commission Backs 5-MW Peotone Solar Farm; Developer Pledges Pollinator Habitat and Community Funds
207U Committee Reviews Budget Adjustments, Facility Planning and Operations Issues
Joliet Junior College Board Approves $2 Tuition Increase Amidst Heated Debate Over Enrollment and Spending
207U Board Outlines Long-Term Planning Timeline, Reviews Academic and District Updates
207U Board Tables Activity Bus Lease After Cost, Timing Concerns
Peotone 207U Reviews Long-Range Facilities Options; Costs Range from $63M to $142M
Green Garden Residents Seek Frankfort’s Support in Opposing 6,000-Acre Solar Farm
State of the College: Local Legislators Bolster Student Support Services