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
WATCH: GOP governor candidates forum highlights; Pritzker talks taxes increase, Bears
Illinois ‘RIFL’ act sparks fierce debate as lawmakers return to Springfield
SCOTUS declines to hear felony firearms cases
Illinois Quick Hits: No injuries reported in Tuesday earthquake
One year in: Reviewing Trump’s inaugural promises
Lincoln-Way Plans New Turf Field at Central and Courts at West for 2026
GOP hopefuls seek support, blast Pritzker at IL gubernatorial candidate forum
Illinois lawmaker questions IDHS over years-long data breach
Draft County Federal Agenda Opposes Sharing Medicaid Patient Data with ICE
Northern Builders Development Brings Changes to Laraway and Gougar Roads in New Lenox
Manhattan 114 Approves Insurance Renewal Amidst Cost Increases