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
New Lenox Marks Gun Violence Awareness Day, Spotlights New State Storage Law
Meta to ask appeals court to end biometrics suit over Messenger filters
Paxton pushes Cornyn out of longtime U.S. Senate seat
Costco says no refunds owed to customers for tariff price hikes
Dems decide against joining fraud roundtable at White House
VA launches MDMA trial years in the making for veterans
AI safety regulations advance in Springfield, despite industry concern
EXCLUSIVE: U.S. Border Patrol chief retires after historic drop in illegal border crossings
White House urges state AGs to target, punish Medicaid fraudsters
NASA unveils $1B moon base push amid cost questions
Drug-discount program likely to expand in Illinois, despite lax oversight
Analyst warns Bears megaproject bill could raise taxes