Chicago aldermen on Wednesday unanimously approved a century-long agreement backed by outgoing Mayor Lori Lightfoot for the city to sell water to Joliet.
The arrangement — which Lightfoot’s administration made with Joliet Mayor Bob O’Dekirk, who is also outgoing after losing a bid for reelection — calls for Joliet to pay for and construct a $1 billion pipeline. Joliet will honor city hiring requirements, Waguespack said, and it also will pick up the tab for $4 million in improvements to parks.
Most of the pipeline infrastructure will be built in Durkin Park in the city’s 18th Ward on the South Sideand construction should last for two or three years, according to a city brochure. Joliet also will pay the Chicago Park District for improvements at Chicago’s Rainey, Bogan and Scottsdale parks before work starts at Durkin. Construction at the adjacent Southwest Pumping Station is slated to begin in 2024.
According to a synopsis of the deal written by the Chicago Legislative Reference Bureau, the rate Chicago will charge will be equal to the lesser of a series of formulas based on the projected costs of delivery, inflation and the previous year’s audited actual cost of delivery multiplied by 105%. Those rates will be subject to ongoing discussion by an advisory council that includes officials from Chicago, Joliet and other wholesale buyers in the region.
Under the terms of the 100-year agreement, the city and Joliet will each build certain infrastructure to connect Joliet to the city’s supply, with Joliet picking up the majority of the costs. The $65 million cost of one part of the project,/ a tunnel extension, pump station and valve, will be funded from Chicago’s Water Fund but built by Joliet. The size of the pipeline will depend on how many other communities join in with Joliet on the project.Chicago is the state’s largest water provider and Joliet will become its second-largest customer.
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