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TO: Mayor Robert J. O'Connor
FROM: Stephane Phifer, Planning and Zoning Director
DATE: January 18, 2017
SUBJECT:
A Resolution Authorizing Execution of a Roadway Agreement for Duke Parkway extended to Route 59 in DuPage County, Aurora, Illinois 60502 (Duke Realty Limited Partnership - 17-00028 / WI33/4-16.224-AGR/RD - SP - Ward 10)
PURPOSE:
The Petitioner, Duke Realty Limited Partnership, is requesting approval of a Roadway Construction Agreement regarding the construction of the extension of Duke Parkway and its intersection with Route 59.
BACKGROUND:
The Petition has secured a grant from IDOT's Economic Development Program (EDP) in the amount of two million dollars ($2,000,000) toward the construction of the Intersection Improvements, with the City being designated the Sponsor Municipality. The award of these funds is based on a new tenant of the business park, Amazon Company, which plans to create over 1,000 new jobs.
DISCUSSION:
The Agreement details the provisions under which the City will be acting as the Local Agency/Sponsor Municipality to construct or cause to be constructed the Intersection Improvements.
There are several partnerships involved with the completion of this construction project and concurrently with this proposal, there is also being considered an Economic Development Program Agreement with the State of Illinois, a Local Agency/Company Agreement with Amazon.com, Inc., an Engineering Services Agreement with HR Green, Inc., and an Intergovernmental Agreement with the City of Warrenville.
IMPACT STATEMENT:
The Planning and Zoning Division would anticipate that this project will increase the City's overall tax base and viability by facilitating investment and development which will offset any incidental Department or staffing impacts.
RECOMMENDATIONS:
Staff would recommend APPROVAL of the Resolution Authorizing Execution of a Roadway Agreement for Duke Parkway extended to Route 59.
cc: Alderman O'Connor, ...
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