Number
140813
Version
ORIGINAL
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer additional funds to the previously established subaccount for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation and installation of capital improvements in conjunction with the paving project of West Capitol Drive from North 60th Street to North 84th Street in 2nd, 5th, 7th Aldermanic Districts with a total estimated cost increase of $127,000, with an estimated grantor share increase of $127,000 and an estimated City share increase of $0.
Analysis
Resolution authorizing the City Comptroller to transfer additional funds to the previously established subaccounts for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation and installation of capital improvements in conjunction with paving project of West Capitol Drive from North 60th Street to North 84th Street in 2nd, 5th, 7th Aldermanic Districts. This resolution authorizes the Comptroller to transfer funds to the appropriate subaccounts for this project. The total estimated cost increase for this project is $127,000, with an estimated grantor share increase of $127,000, and an estimated City share increase of $0.
Body
Whereas, Additional planning and coordination and additional construction work at the construction stage have resulted in increased costs charged against the capital improvement project; and
Whereas, Additional funds are, therefore, necessary to complete the construction of the project; now, therefore, be it.
Resolved, By the Common Council of the City of Milwaukee that the City Comptroller is hereby authorized and directed to transfer funds to the project grant chart field as follows:
Project Grant Value
State I.D. 2025-11-92
ST320070516
West Capitol Drive-North 60th Street to North 84th Street
Grantor Reimbursable Cash - Street Lighting
Fund Number-0306
Project Number-SP032140100
$127,000.00
Previously authorized for Street Lighting Improvements-$359,229.37
Current estimated cost of total project including this resolution: $18,783,080
Original estimated cost of total project (Resolution File No. 041289): $ 19,065,000
Requestor
Department of Public Works
Drafter
Infrastructure Services Division
ROBERT BRYSON:ENG-KIE LEE:C. Murphy
September 17, 2014