Number
111462
Version
ORIGINAL
Reference
100021
Sponsor
THE CHAIR
Title
Resolution directing the Commissioner of Public Works to execute a Revised Project Agreement titled “State/Municipal Agreement for a State - Let Urbanized Area STP - Urban Project” with the Wisconsin Department of Transportation for the improvement of West Lloyd Street between North 60th Street and West Lisbon Avenue at a revised estimated total cost of $3,652,000 at an 80 percent State and Federal Aid under the Surface Transportation Program with a City’s share of $826,400 which includes $120,000 of non participating items at 100 percent City’s cost and grantor’s share of $2,825,600 of which revised preliminary engineering cost is $207,000 with the city's share being $41,400 and the grantor's share being $165,600.
Analysis
The resolution authorizes the Commissioner of Public Works to execute a Revised Project Agreement with the Wisconsin Department of Transportation (WisDOT) for the reconstruction of West Lloyd Street between North 60th Street and West Lisbon Avenue and to fund the revised engineering cost estimate with a City of Milwaukee share of $ $41,400 and a grantor share of $165,600. The Revised Project Agreement provides for 20 percent local funds and 80 percent Federal and State funds for engineering and construction costs of the project. The total estimated additional project cost is $ 1,617,000 of which the City of Milwaukee’s share is $419,400, and the grantor share is $1,197,600. The resolution authorizes the Commissioner of Public Works to request the comptroller to transfer additional funds for preliminary engineering. Construction funds for the project will be requested in a future Common Council resolution.
Body
Whereas, A Project Agreement has been executed by the Wisconsin Department of Transportation (WisDOT) and the City of Milwaukee for the improvement of West Lloyd Street between North 60th Street and North 47th Street with Federal/State aid under the ST...
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