Number
071173
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution relative to application, acceptance and funding of a U. S. Department of Housing and Urban Development-Economic Development Initiative Grant to develop a variety of shared stormwater management elements that serve nearby commercial and industrial businesses in the Menomonee Valley, in the 8th Aldermanic District.
Analysis
This resolution authorizes the City of Milwaukee, Department of City Development, to apply for, accept and fund a U. S. Department of Housing and Urban Development-Economic Development Initiative Grant to develop a variety of shared stormwater management elements that serve nearby commercial and industrial businesses in the Menomonee Valley.
Body
Whereas, The City of Milwaukee (“City”) appears to be eligible for grant funds from the U. S. Department of Housing and Urban Development to develop a variety of shared stormwater management elements that serve nearby commercial and industrial businesses in the Menomonee Valley; and
Whereas, The Department of Administration, Intergovernmental Relations Division, has determined that operation of this Grant project from January 1, 2007 to October 31, 2007 will cost approximately $198,000 of which 100 percent is Grantor Share; and
Whereas, There is no City Contribution:
In-Kind City Share: $-0-
Out-of-Pocket City Share: $-0-
Local, Non-City Share: $-0-
; and
Whereas, The Department of Administration, Intergovernmental Relations Division, has determined that the benefits to the City from this Grant project appears to exceed the City's Share of costs and other obligations to be incurred under this project; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that acceptance of said Grant from the U. S. Department of Housing and Urban Development under the terms specified above, is authorized; and, be it
Further Resolved, That the proper City officials and/or the Commissioner of the Department of City Development are authorized to accept such Grant funds without further Common Council approval unless any of the following occur:
1. The purpose of such Grant project changes significantly.
2. The amount of the Out-of-Pocket City Share increases from the amount specified above.
3. The ratio of Out-of-Pocket City Share to Grantor’s Share increases from that specified above; and, be it
Further Resolved, That the City Comptroller is authorized to:
1. Commit funds within the Project/Grant Parent of the 2007 Capital Grant and Aid Projects Fund, the following amount for the project titled U. S. Department of Housing and Urban Development-Economic Development Initiative Grant Menomonee Valley Stormwater Park:
Project/Grant: SP032070100
Fund: 0306
Organization: 9990
Program: 0001
By: 0000
Subclass: R999
Account: 000600
Project: Grantor’s Share
Amount: $198,000
2. Create the necessary Project and Project Level Values and budget to these project values, the amount required under the Grant Agreement.
3. Establish the necessary City Share Project Values; and, be it
Further Resolved, That these funds are budgeted for the Department of City Development, which is authorized to:
Expend from the amount budgeted for specified purposes as indicated in the Grant budget and incur costs consistent with the award date; and, be it
Further Resolved, That the funds received from the U. S. Department of Housing and Urban Development be deposited in accordance with procedures established by the City Comptroller; and, be it
Further Resolved, That the Commissioner of the Department of City Development shall have the authority to authorize transfers within the project budget so the amount expended for any purpose shall not exceed the amount authorized by the budget by 10 percent and such transfers are in accordance with Grantor regulations; and, be it
Further Resolved, That the Commissioner of the Department of City Development, on behalf of the City, is authorized to enter into contracts and subcontracts as detailed in the project budget and in accordance with City Grant and Aid Guidelines for awarding such contracts.
Drafter
DCD:MLF:dm
12/11/07/A
technical corrections requested by Melissa Fulgenzi-DCD/jp 1/9/08