City of Milwaukee - File #: 011612

• File #: 011612
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 3/5/2002
• In control: PUBLIC WORKS COMMITTEE
• Final action: 3/26/2002
• Title: Substitute resolution regarding construction funding for the Park East Freeway reconfiguration as a nonassessable public improvement.
• Sponsors: THE CHAIR
• Indexes: EXPRESSWAYS, PUBLIC IMPROVEMENTS, TRANSPORTATION

Date	Ver.	Action By	Action	Result	Tally
4/3/2002	1	MAYOR	SIGNED
3/26/2002	1	COMMON COUNCIL	ADOPTED	Pass	16:0
3/13/2002	1	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Ald. Donovan moved for adoption of FN 011612. The motion failed by the following vote: Ayes: Ald. Breier and Donovan - 2. Noes: Ald. Herron and Sanchez - 2. Ald. Donovan moved to refer this file to the common Council without recommendation. Prevailed.	Pass	4:0
3/12/2002	1	CITY CLERK	DRAFT SUBMITTED
3/8/2002	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
3/5/2002	0	COMMON COUNCIL	ASSIGNED TO

Number
011612
Version
SUBSTITUTE
Reference

Sponsor
THE CHAIR
Title
Substitute resolution regarding construction funding for the Park East Freeway reconfiguration as a nonassessable public improvement.
Analysis
This substitute resolution appropriates construction funds for the City's local share of the Park East Freeway reconfiguration project. The project is being funded with 85% Federal Aid and 15% City funds. Tax Incremental District No. 48 funds will also be used. The City's share is $3,873,800.
Body
Whereas, Common Council Resolution File Number 990416, adopted July 13, 1999, indicated the Common Council's support to remove the Park East Freeway and to replace it with an at-grade surface arterial facility; and

Whereas, The replacement facility also includes the construction of a new vertical lift bridge over the Milwaukee River; and

Whereas, The Wisconsin Department of Transportation (WISDOT) will be letting construction contracts to undertake the project; and

Whereas, The City will fund its share of the project costs utilizing Federal aid (85%) City nonassessable funds and Tax Incremental District (TID) funds; and

Whereas, The TID funds will be utilized to fund the City's share of any additional costs associated with the project; and

Whereas, WISDOT will bill the City for its share 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 create within the Capital Improvement Fund, Grant and Aid Projects, the necessary Project/Grant Chartfield Values for construction for the following projects (Expenditure) and transfer to any of these accounts the amount required under the grant agreement and City Accounting Policy but not to exceed a 10 percent increase of the total amounts reserved or $5,000, whichever is greater:

Infrastructure Services Division Accounts

ID 1730-06-70
Knapp Street Bridge

Grantor Shar...