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TO: Mayor Thomas J. Weisner
FROM: Dan Feltman, P.E., Engineering Division - New Development Coordinator
DATE: June 8, 2016
SUBJECT:
Resolution authorizing the Mayor to execute a roadway construction and financing agreement with Five H, LLC for the extension of Eola Road to U.S. Rte. 30.
PURPOSE:
To obtain authorization to execute an agreement with Five H, LLC for roadway construction and financing for the Eola Road Extension to U.S. Rte. 30.
BACKGROUND:
The property known as Lincoln Prairie was annexed to the City of Aurora by ordinance O02-160, dated December 10, 2002 and the City of Aurora and Five H, LLC. entered into an annexation agreement for said property. In the annexation agreement (Section E.2.a) a "Heggs/Eola Road/Wikaduke Trail" set forth the respective obligations of the City and Five H, LLC. for Heggs/Eola Road/Wikaduke Trail and U.S. Rte. 30 roadway improvements, rights of way dedication and cost sharing.
The City and Five H, LLC acknowledge that the annexation agreement previously approved that in the future, this 3-lane roadway extension of Eola Road to U.S. Rte. 30 shall become a 5-lane roadway section which shall include, but not be limited to, curb and gutter, street lights in the median, storm sewer, sidewalk and a multi-use path. These improvements shall be installed in the future by the future developers of the property abutting this roadway extension.
DISCUSSION:
IDOT has funding available for the intersection improvements at the existing intersection of Heggs Road and U.S. Rte. 30. IDOT has indicated a willingness to reallocate those funds to the proposed intersection of Eola Road and U.S. Rte. 30, which is approximately $1,400,000.
A 3-lane roadway section, one-lane of traffic in each direction with a raised, grass median, is to be constructed by the City, to connect and re-align Eola Road to U.S. Rte. 30 with a signalized intersection at the connection point. This will close off vehicular traffic ...
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