Number
240107
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer additional funds to the previously established project for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation for the construction of West Walnut Street from North 20th Street to North 12th Street in the 15th Aldermanic district with a total estimated cost increase for the projects of $1,100,000, with an estimated Grantor share of $0, and an estimated City share of $1,100,000.
Analysis
Resolution authorizing the City Comptroller to transfer additional funds to the previously established projects for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation for the construction of West Walnut Street from North 20th Street to North 12th Street in the 15th Aldermanic district with a total estimated cost increase for the projects of $1,100,000, with an estimated Grantor share of $0, and an estimated City share of $1,100,000.
Body
Whereas, construction work has resulted in an increased cost charged against the capital improvement project; and
Whereas, Additional funds are, therefore, necessary to complete the construction of the projects; now, therefore be it
Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is hereby authorized to transfer fund to the project grant chart field as follows:
Project Grant Value
State ID 2674-02-70
ST320190310
West Walnut Street
North 20th Street to North 12th Street
City Share Non-Assessable Fund, Paving
ST320240000
Fund 0333
$1,100,000
Grantor Reimbursable Fund Paving
SP032240100
Fund 0306
$0
Grantor Non-Reimbursable Cash Fund Paving
$0
Estimated Total Construction - $1,100,000
Total construction previously authorized $6,954,630.17
Current estimated cost of total project including this resolution $8,572,178.17
Original estimated cost of total project (Resolution File Number 181577) $51...
Click here for full text