Number
130013
Version
ORIGINAL
Reference
121413
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to create State and Federal Aid sewer Project Grant Chartfield Values, and transfer additional funds to already existing Zoo Interchange Glenview Avenue Contract subaccounts, for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee construction costs of $17,500 with the City’s share being $1,750 and the grantor’s share being $15,750.
Analysis
This resolution authorizes the City Comptroller to create State and Federal Aid sewer Project Grant Chartfield Values, and transfer additional funds to various existing State and Federal Aid Zoo Interchange Glenview Avenue Contract subaccounts, for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee construction costs of $17,500 with the City’s share being $1,750 and the grantor’s share being $15,750. The total estimated cost of the project is $5,662,675 with the grantor’s share being $5,630,505 and the City’s share being $32,170.
Body
Whereas, Common Council File No. 121413 previously authorized the proper City officials to execute a State Municipal Agreement with the Wisconsin Department of Transportation for City of Milwaukee utility alterations in conjunction with the Zoo Interchange’s Glenview Avenue contract; and
Whereas, The City Comptroller was also authorized, under Common Council File No. 121413, to create within the Capital Improvement Fund, Grant and Aid projects, the necessary Project Grant Chartfield Values for construction for the project (expenditure) and transfer to any of these accounts the amounts required under the grant easement and City Accounting Policy, and
Whereas, Funding for utilities is 90% State and 10% Municipal, per chapter 84.295 of the Wisconsin State Statues, and as defined in the State Municipal Agreement; and
Whereas, Contract bid amounts require additional construction funds be appropriated to s...
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