Number
001572
Version
ORIGINAL
Reference
881665
Sponsor
THE CHAIR
Title
Resolution requesting variance from procedure as adopted in Common Council Resolution File No. 881665 as this procedure relates to financing assessable work in the Capital Program for New Street Construction Paving Projects.
Analysis
This resolution will authorize a supplemental appropriation of $150,000 in the New Street Construction Project/Grant Account ST210010000-0330.
BODY:
Whereas, Common Council Resolution File No. 881665 adopted December 20, 1988, provides that appropriation authority for anticipated gross expenditures regardless of the sources of funds shall be provided in the Capital Budget; and
Whereas, For the 2001 budget, there was no assessable appropriation for New Street Construction Paving Projects provided; and
Whereas, New Street Construction Paving Projects require an assessable amount which exceeds that provided in the 2001 budget appropriation for this purpose; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that procedure as outlined in Common Council Resolution File No. 881665 adopted on December 20, 1988, with respect to financing assessable New Street Construction Paving shall be waived for the year 2001 to allow New Street Construction Paving of $150,000 in excess of the 2001 budgeted amounts to be undertaken; and, be it
Further Resolved, That the City Comptroller be and he hereby is authorized and directed to establish appropriate accounting for this purpose which will record the financing of the additional New Street Construction Paving Program for 2001 by means of anticipated receipts from assessments.
Drafter
INFRASTRUCTURE SERVICES DIVISION
MLD:lk
03-07-01
New Street 2001