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
Illinois quick hits: $20 million for Alton housing project; alleged migrant assaults reported
WATCH: Illinois DCFS can’t locate documents showing number of missing children
WATCH: Pritzker: ‘Government isn’t always the best option’
FAA announces flight reductions due to government shutdown
U.S. Supreme Court frosty on Trump’s tariff power as world watches
California invests in visas, legal immigration
Group seeks probe into Illinois law requiring grades 3-12 mental health screenings
Reason Foundation: No turning point yet in Illinois on pension debt
Lawmakers weigh in on how the ‘Blue Wave’ will impact shutdown negotiations
Supreme Court weighs challenge to Trump’s tariff power
Supreme Court justices question businesses challenging Trump’s tariffs
New Lenox Board Gives Preliminary Approval to ‘The Patio’ Restaurant Amid Traffic Concerns