Number
131720
Version
ORIGINAL
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer additional funds to the previously established Wisconsin Department of Transportation and the City of Milwaukee subaccounts for cost participation of the subject capital improvement with a total estimated cost increase of $85,000, with an estimated grantor share increase of $0, and an estimated City share increase of $85,000.
Analysis
Resolution authorizing the City Comptroller to transfer additional funds to the previously established Wisconsin Department of Transportation and the City of Milwaukee subaccounts for cost participation of the subject capital improvement. This resolution authorizes the Comptroller to transfer funds to the appropriate subaccounts for the subject project. The total estimated cost increase for the project is $85,000, with an estimated grantor share increase of $0, and an estimated City share increase of $85,000.
Body
Whereas, The Common Council has previously adopted resolutions authorizing the City Comptroller to transfer funds to various State and Federal Aid subaccounts for preliminary engineering, and
Whereas, Additional planning and review during the design phase have resulted in increased costs charged against the subject capital improvement project; and
Whereas, Additional funds are, therefore, necessary for the estimated Wisconsin Department of Transportation and City of Milwaukee preliminary engineering costs for this 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 fields as follows:
Project Grant Value
State I.D. 2660-05-00
South Whitnall Avenue over Union Pacific Rail Road
BR320093001
City Share Non-Assessable Fund, Structure
BR300140000
Fund 0303
$50,000
State I.D. 2660-05-00
South Whitnall Avenue over Union Pacific Rail Road
ST320093001
City Share Non-Assessable Fund, Paving
ST320140000Fund 0333
$35,000
Total-$85,000.00
Previously authorized for Preliminary Engineering - $266,564.00
Current estimated cost of total project including this resolution: $2,996,764
-Original estimated cost of total project (Resolution File No. 091016): $1,739,000
Requestor
Department of Public Works
Drafter
Infrastructure Services Division
CSL:clm
March 24, 2014