NUMB:
971112
VERS:
ORIGINAL
REF:
970478
XXBY:
THE CHAIR
TITL:
Resolution approving construction of developer financed public improvement projects in Milwaukee Metro Center Phase I. (Infrastructure Services Div.)
ANLS:
-Analysis-
This resolution authorizes a variance from Administrative Rules and construction of certain public improvements which are to be financed by a developer in accordance with an agreement previously approved by the Common Council.
BODY:
Whereas, On July 11 1997, the Common Council of the City of Milwaukee adopted Resolution File Number 970478 authorizing an agreement between the developer of Milwaukee Metro Center Phase I and the City of Milwaukee for the installation of required improvements in certain public ways:
Milwaukee Metro Center Phase I WE 834 and W. Metro Blvd. - N. 107th St. to N. 114th St. (828-1588-1) File Number 970478: Install water main. (Developer Water Fund 42-641---301-0001 -- $290,000)
in the 15th Aldermanic District of the City of Milwaukee; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that a variance is authorized from the procedures of File Number 881665, being the Administrative Rules for the Capital Improvements Process, and hereby directs the City Comptroller to make a supplemental appropriation of $290,000 in the Developer Out-of-Program Capital Purpose Account (42-641---301-0001) with offsetting revenues in Water Estimated Revenue (42-641---301-9003); and, be it
Further Resolved, That the City Comptroller is hereby authorized to make the necessary funding and accounting entries, including increasing the Milwaukee Water Works' Developer Out-of-Program Capital Purpose Account and offsetting revenues to appropriately reflect the intent of this action and assure adequate cost recovery.
Further Resolved, That after the developers of said development deposit the necessary funds in accordance with said agreement, the Commissioner of Public Wo...
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