Number
021461
Version
Original
Reference
Sponsor
The Chair
Title
Resolution authorizing and directing the City Comptroller to transfer funds to various State and/or Federal Aid project subaccounts for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs.
Analysis
This resolution authorizes the City Comptroller to transfer funds to the previously established subaccounts for the remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs in the amount of $118,500. The City of Milwaukee's share is $40,000.
Body
Whereas, The Common Council has previously adopted resolutions authorizing and directing the City Comptroller to transfer funds to various State and/or Federal Aid project subaccounts for preliminary engineering and construction; and
Whereas, Additional planning and review during the design stage and additional work during the construction stage have resulted in increased costs charged against the projects; and
Whereas, Additional funds are, therefore, necessary for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs for the projects; 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 chartfields as follows:
Infrastructure Services Division Accounts
Project Grant Value
ST30683801
North Milwaukee Street
East Mason Street to
East Ogden Avenue
City Share
ST320020000
Fund 0333
$8,750
Grantor Share
SP032020100
Fund 0306
$26,250
Estimated Total
$35,000
Project Grant Value
ST32092601
North Green Bay Avenue
West Villard Avenue to
North City Limits
City Share
ST320020100
Fund 0333
$8,750
Grantor Share
SP032020100
Fund 0306
$26,250
Estimated Total
$35,000
Project Grant Value
BR30980701
North Green Bay Avenue
Lincoln Creek Bridge
City Share
BR100020000
Fund 0303
$2,000
Grantor Share
SP032020100
Fund 0306
$6,000
Estimated Total
$8,000
Project Grant Value
BR30382210
South Chase Avenue
Kinnickinnic River Bridge
Grantor Share
SP032020100
Fund 0306
$20,000
Estimated Total
$20,000
Project Grant Value
ST30881440
North Sherman Boulevard
Lincoln Creek Bridge
City Share
ST320020100
Fund 0333
$8,500
Estimated Total
$8,500
Project Grant Value
ST320020340
Park East
Local Streets
City Share
ST320020100
Fund 0333
$12,000
Estimated Total
$12,000
TOTAL:
City Share ST320020000 (Fund 0333) $ 38,000
Grantor Share SP032020100 (Fund 0306) $ 78,500
City Share BR100020000 (Fund 0303) $ 2,000
TOTAL:
$118,500
Further Resolved, That the City Comptroller is hereby authorized and directed to transfer additional amounts to any of these project grant values the amount required under the grant agreements and City Accounting Policy but not to exceed a 10 percent increase of the total amounts reserved for the grantor's share and local share or $5,000, whichever is greater.
Requestor
Department of Public works
Drafter
Infrastructure Services Division
RB:dle
January 14, 2003
CC RES FED-STATE AID SUBACCOUNTS