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Aurora, Illinois

File #: 20-0229    Version: 1 Name:
Type: Resolution Status: Passed
File created: 3/26/2020 In control: City Council
On agenda: 6/23/2020 Final action: 6/23/2020
Title: A Resolution to execute the Intergovernmental Agreement between City of Aurora, Illinois and Aurora Civic Center Authority (ACCA) for the Paramount Riverwalk Promenade and North Island Center Plaza improvements.
Attachments: 1. Exhibit 1 - COA and ACCA Capital Improvements Agreement.pdf
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TO: Mayor Richard C. Irvin

FROM: Tim Weidner, P.E., Engineering Coordinator

DATE: June 11, 2020

SUBJECT:
A Resolution to execute the Intergovernmental Agreement between City of Aurora, Illinois and Aurora Civic Center Authority (ACCA) for the Paramount Riverwalk Promenade and North Island Center Plaza improvements.

PURPOSE:
The Agreement will set the basis for administration of the Paramount Riverwalk Promenade and North Island Center Plaza projects between the City and ACCA.

BACKGROUND:
The Paramount Riverwalk Promenade is a concrete and brick walkway that overhangs the Fox River and connects sidewalks from Downer Place to Galena Boulevard. The walkway is supported by concrete encased steel cantilevered beams from the adjacent Paramount buildings. The Promenade was determined to be in fair to poor condition with spalled and deteriorating concrete, exposed rebar and extensive deterioration to some structural elements. The Promenade is partially owned by ACCA and partially owned by the City and is in need of repair and rehabilitation.

ACCA owns and operates an office building, theater, and banquet facility called the North Island Center which has a Plaza in front of the building that is in need of repair and reconstruction.

DISCUSSION:
ACCA and the City of Aurora requested financial assistance for these two projects through a potential State Capital Bill. In June 2019, the State of Illinois enacted a package of legislation to fund transportation, water infrastructure, natural resources, open space, school construction, affordable housing, and other projects. Appropriations for the capital package are found in multiple pieces of legislation that were approved together during the General Assembly's spring session, with most of the specific projects and programs in one piece of legislation, Public Act 101-0029.

The State Capital Bill appropriated $725,000 to ACCA for the Paramount Riverwalk Promenade improvements and $225,000 to the City for the Nort...

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