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
War of words reignites with Trump, Pritzker, Bailey
Nesbitt asks DOJ to investigate Whitmer’s ties to grant scandal
Senate Republicans’ rebellion in War Powers Resolution vote could sway House vote
Cassidy breaks with Trump on Iran, spending after reelection defeat
Nashville, state spent billions of taxpayer funds drawing Super Bowl
Judge won’t let ConAgra off hook in class action over fish fillet brine
Legal analysts applaud yet are skeptical of American Bar Association’s DEI elimination
Illinois Quick Hits: Bill offering CTE alternative clears senate committee
Workers say mass Spirit Airlines layoffs violate federal law
Bill that tried to kill secret agreements with your tax dollars now faces its own silent death
After-school program orgs seek $70M in new state grants to cover gap from fed cuts
Collins, Dooley to face off in June runoff for U.S. Senate