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
$55.9 billion budget includes new taxes, ‘no property tax relief’
Illinois to require bell-to-bell student phone ban in public schools
Election 2026: Stumps heavy with economy, crime in U.S. Senate race
Quintuple fatal in Virginia renews focus on English language in CDL licensures
Everyday Economics: Jobs report to test how long consumers can keep carrying economy
Congress returns to backlog of must-pass legislation
Climate science without a notorious worst-case scenario
Illinois Quick Hits: Housing, megaprojects take backseat to budget talks
Taxpayer watchdog calls for accountability after helicopter prom controversy
Proposed $250 bill could be a boon for drug cartels, experts warn
Iowa voters head to the polls for fierce races
Frankfort 157-C Considers Five-Minute Public Comment Limit for Smaller Crowds