Number
120852
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer funds to various State or Federal Aid project subaccounts for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering, construction engineering, plan review and development costs of $240,000 with the City's share being $305,000 and the grantor’s share being $-65,000.
Analysis
This resolution authorizes the City Comptroller to transfer funds to the previously established subaccounts for the remaining Wisconsin Department of Transportation and City of Milwaukee's preliminary engineering, construction engineering, plan review and development costs of $240,000 with the City’s share being $305,000 and the grantor's share being $-65,000.
Body
Whereas, The Common Council has previously adopted resolutions authorizing the City Comptroller to transfer funds to various State or Federal Aid project subaccounts for preliminary engineering, construction engineering, plan review and development; and
Whereas, Additional planning and review during the design stage and additional work during the construction stage have resulted in increased costs charged against the projects; and
Whereas, The estimated grant funding under State I.D. 2984-23-72 was reduced from $640,000 to $575,000 due to a reduction in available funds; and
Whereas, Additional funds are, therefore, necessary for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering, construction engineering, plan review and development costs for these projects; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the City Comptroller is directed to transfer funds to the project grant chartfields as follows:
Project Grant Value
State I.D. 2984-23-72
ST320070910
Holton Street Viaduct (Marsupial Bridge Improvements)
Federal Grantor Reimbursable Share
Fund 0306...
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