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
Green Garden Township Buried Under 12.5 Inches of Snow; Sub-Zero Cold Snap Approaching Friday
All Peotone Schools Earn ‘Commendable’ Rating on State Report Card
Frankfort Turns to County for Wildlife & Dangerous Animal Control
JJC Foundation Director Kristin Mulvey to Retire After 25 Years of Transformative Leadership
Lincoln-Way 210 Switches to Under Armour for Athletic Apparel
Crete “Group Care” Home Approved for Senior Living
Peotone School District Honors Nearly 90 Students for High Achievement on State Exams
New Bar Approved in Frankfort Despite Board Opposition
JJC Board Approves Grundy County Land Purchase Amid Heated Debate
‘Trouble in Toyland’ report sounds alarm on AI toys
Support Staff Urge Lincoln-Way 210 Board for ‘Fair Contract’ During Public Comment
When was the first Thanksgiving? It’s actually up for debate