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File #: 071575    Version: 0
Type: Resolution Status: Passed
File created: 3/18/2008 In control: PUBLIC WORKS COMMITTEE
On agenda: Final action: 4/9/2008
Effective date:    
Title: Resolution authorizing the transfer of funds from the Street Improvement-State and/or Federal Aid Program to the Street Reconstruct or Resurface Program - Regular City Program for funding of local street improvements under the Local Roads Improvement Program, with the City cost of $532,900 for a total estimated cost of $2,305,000.
Sponsors: THE CHAIR
Indexes: AGREEMENTS, STREET IMPROVEMENTS, WISCONSIN DEPARTMENT OF TRANSPORTATION
Attachments: 1. Infrastructure Services Division Cover Letter, 2. Fiscal Note, 3. Comptroller Certification, 4. Hearing notice list
Number
071575
Version
ORIGINAL
Reference
070709
Sponsor
THE CHAIR
Title
Resolution authorizing the transfer of funds from the Street Improvement-State and/or Federal Aid Program to the Street Reconstruct or Resurface Program - Regular City Program for funding of local street improvements under the Local Roads Improvement Program, with the City cost of $532,900 for a total estimated cost of $2,305,000.
Analysis
This resolution directs the transfer of $532,900 of City funds and $1,065,772.58 of grantor funds to the Street Reconstruct or Resurface Program. The total cost of the program is estimated to be $2,305,000.
Body
Whereas, State Statute 86.31 established a Local Roads Improvement Program (LRIP) to provide up to 50% reimbursement by the State of eligible costs for local street improvements; and

Whereas, In 2008-2009, under the LRIP Program, the City of Milwaukee is entitled to receive reimbursement up to a maximum amount of $1,065,772.58 for local street improvements; and

Whereas, Resolution 070709 authorized the agreement, but did not set up the funding; and

Whereas, Funds for projects to be undertaken under the LRIP Program are budgeted in the Street Improvement - State and/or Federal Aid Program Fund in the 2008 Capital Improvement Program (Fund 0333 and Fund 0330); and

Whereas, It is advantageous and necessary that these funds be transferred to the Street Reconstruct or Resurface Program - Regular City Program (Fund 0333); and

Whereas, The projects funded with this program area anticipated to be constructed in the 2008 construction season; and

Whereas, The Street Reconstruct or Resurface - Regular City Program (Fund 0330) has sufficient funds to cover the assessable portion of these projects; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is hereby authorized to transfer appropriations to Infrastructure Services Division Account No. 0333-ST211080000; Street Reconstruct or Resurfa...

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