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
Feasibility Study Outlines Five Paths Forward for 207U
White House seeks to end IL illegal alien college benefits
Trump issues executive order to expedite rebuilding after Los Angeles County wildfires
Illinois Quick Hits: Illinois gains population for third straight year
Chicago mayor calls for local government ‘process’ to prosecute feds
U.S. population growth slows after Trump border policies enacted
Maryland joins mid-decade redistricting fight
Democrats call for Noem’s removal after second fatal shooting by DHS agent
Illinois cannabis industry cautious on child-safety bill, questions focus on regulated products
87 indicted in TdA, Colombian, Venezuelan ATM jackpotting scheme in Nebraska
States, caregivers can now view key metrics for state child welfare systems
More Illinois Catholic schools close; candidates call for change