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Palos Park approves $413,550.62 partial payment for McCarthy Road water main; board OKs warrants and reappointments
Summary
At its Feb. 10 meeting the Palos Park Board of Commissioners approved a $413,550.62 partial payment to Steve Spice Construction for the McCarthy Road water transmission main and unanimously approved routine warrants, supplemental payments and reappointments to local boards.
The Palos Park Board of Commissioners on Feb. 10 approved a $413,550.62 partial payment to Steve Spice Construction for work on the McCarthy Road water transmission main and unanimously adopted several routine financial and personnel items.
The payment is the third partial draw on a contract the board said has a total value of $1,876,684.80. "The contract amount was $1,876,684.80," Commissioner Patan said during the meeting, adding that the village contracted with Steve Spice Construction to install a 16-inch transmission main from the Holy Family Villa property to the Cog Hill property.
Why it matters: the board said the project is being paid from the village's water fund, with a mix of American Rescue Plan Act (ARPA) funds and an Illinois Environmental Protection Agency (IEPA) loan. Commissioner Patan told the board that $644,000 in ARPA funds would be used first "to lessen the amount of the loan," and staff recommended approval of the partial payment request for $413,550.62.
Board action and vote: the motion to approve partial payment distribution No. 3 for Steve Spice Construction passed on a roll-call vote. Commissioners…
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