Number
080014
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution relative to an agreement with 544 South 1st Street, LLC for the installation and funding of a new traffic control signal at the intersection of West Virginia Street and South 1st Street in the 12th Aldermanic District at a total estimated cost of $79,000, with one hundred percent of the total cost funded by 544 South 1st Street, LLC.
Analysis
This resolution authorizes the Commissioner of Public Works to install and enter into a funding agreement with 544 South 1st Street, LLC for a traffic signal at the intersection of West Virginia Street and South 1st Street in the 12th Aldermanic District at a total estimated cost of $79,000, with one hundred percent of the total cost funded by 544 South 1st Street, LLC. This resolution also authorizes the Comptroller to establish and transfer funds to the appropriate accounts for the project. The total estimated cost of the entire project is $79,000 with a grantor share of $79,000 and a City share of $0.
Body
Whereas, 544 South 1st Street, LLC, a development company, plans to develop a facility on the southeast corner of the intersection of West Virginia Street and South 1st Street that is anticipated to generate transit trips to and from the facility by persons with disabilities; and
Whereas, Vehicular gaps in traffic on South 1st Street are not adequate for persons with disabilities to cross to and from bus stops safely; and
Whereas, The City of Milwaukee recognizes that a traffic signal is the only way to provide safe access for disabled persons to the site without compromising pedestrian and vehicular operation and safety; and
Whereas, The traffic signal is warranted for no other reason and therefore would be a private interest signal, funded completely by the private interest benefiting from its placement; and
Whereas, 544 South 1st Street, LLC has agreed to completely fund the operation, installation and maintenance of the traf...
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