Closing Documents Illinois Street Funding Sources 2013Illinois Street Funding Sources
INDOT contribution
2006 COIT Bond Funds
With INDOT $10M Contribution
$10,000,000.00
$4, 200,000.00
Total $14,200,000.00 *
Without INDOT $10M Contribution
2006 COIT Bond Funds $4,250,000.00
Thomson TIF Funds (Generated by annual excess) $4,000,000.00
Nonreverting Thoroughfare Fund $1,000,000.00
Keystone Fund Transfer (leaving $1.5m in Fund) 52,300,000.00
2012 Budgeted Illnois Street $1,150,000.00
CCS & CCD Funds From 2011 & Previous Years 51,500,000.00
Total $14,200,000.00 *
Total Includes Utilization of Thomson TIF Proceeds to Buy Pittman Land Pursuant to a Land Contract
96TH STREET AND KEYSTONE PARKWAY INTERCHANGE
PRELIMINARY CONSTRUCTION COST ESTIMATE BY PROJECT
PROJECT
NO.
DESCRIPTION
CONSTRUCTION
COST
RIGHT -OF -WAY
COST
UTILITY
RELOCATION COST
TOTAL COST
1
CONNECTOR ROAD BETWEEN N. ARONSON ROAD AND
PRIORITY WAY DRIVE. REMOVE EXISTING SIGNAL AT
96TH STREET /ARONSON ROAD INTERSECTION.
$ 621,200
$ 1,740,000
$ 343,800
$ 2,705,000
2
KEYSTONE PARKWAY FROM JUST SOUTH OF 98TH
STREET TO NORTH TERMINUS. 98TH STREET WILL
BECOME RIGHT IN /RIGHT OUT ONLY.
$ 3,223,000
$ 230,000
$ 300,000
$ 3,753,000
3
KITONE PARKWAY FROM 1 -465 TO SOUTH OF 98TH
STREET INCLUDING 96TH STREET TEARDROP
ROUNDABOUT INTERCHANGE AND RAMPS.
$ 29,008,500
$ 13,306,000
$ 8,853,500
$ 51,168,000
4
96TH STREET FROM EAST OF 96TH STREET
INTERCHANGE TO EAST OF PRIORITY WAY DRIVE
ROUNDABOUT (EAST TERMINUS OF 96TH), INCLUDING
ADDED TRAVEL LANES. 96TH STREET / ARONSON ROAD
INTERSECTION WILL BECOME RIGHT IN /RIGHT OUT
ONLY.
$ 2,230,000
$ 3,708,000
$ 1,358,500
$ 7,296,500
5
ROUNDABOUT AT ARONSON ROAD.
$ 600,000
$ 480,000
$ 300,000
$ 1,380,000
6
96TH STREET FROM WEST OF 96TH STREET
INTERCHANGE TO WEST OF HAVERSTICK ROAD
ROUNDABOUT (WEST TERMINUS OF 96TH STREET).
$ 2,002,000
$ 3,708,000
$ 1,015,600
$ 6,725,600
7
CONNECTOR ROAD NORTH OF PRIORITY WAY DRIVE
BETWEEN 96TH STREET AND 98TH STREET.
$ 1,020,900
$ 3,408,000
$ 885,800
$ 5,314,700
TOTALS
$ 38,705,600
$ 26,580,000
$ 13,057,200
$ 78,342,800
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(4;47114n. I-