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Oswego board approves $14.855 million joint funding agreement for next phase of Wolf’s Crossing
Summary
The Oswego Village Board unanimously approved a $14,855,000 joint funding agreement for the next phase of the Wolf’s Crossing project, with federal surface transportation funds covering $10,583,459 and a local share appropriation of $4,271,541; IDOT letting is scheduled for Sept. 19 and construction is likely to begin after the new year.
The Oswego Village Board voted to approve a joint funding agreement on Sept. 2 for the next phase of the Wolf’s Crossing project, a pavement and intersection upgrade at Douglas Road with an estimated cost of $14,855,000.
Public works staff told the board that $10,583,459 of the phase would be covered by federal surface transportation funds, leaving a requested local share of $4,271,541. Staff also said the project was out for bid with the Illinois Department of Transportation scheduled to hold the bid letting on Sept. 19.
“Kurt” of public…
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