Number
060919
Version
Substitute
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the City Comptroller to transfer funds to various State and/or Federal Aid project subaccounts for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs totaling $190,000, increasing the total costs to $14,234,069.
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 preliminary engineering and construction costs in the amount of $190,000. The City of Milwaukee’s share is $38,000 and the grantor share is $152,000, increasing the total costs to $14,234,069 with the City share of $2,847,006.60 and the grantor share of $11,387,062.40.
Body
Whereas, The Common Council has previously adopted resolutions authorizing the City Comptroller to transfer funds to various State and/or Federal Aid project subaccounts for preliminary engineering and construction; 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, Additional funds are, therefore, necessary for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs for the projects; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is hereby authorized and directed to transfer funds to the project grant chartfields as follows:
Project Grant Value
State I.D. 2080-06-00
ST32001901
North Teutonia Avenue
Bridge over UPRR
City Share Non-Assessable Fund, Paving
ST320060000
Fund 0333
$2,000
Grantor Reimbursable Cash Fund, Paving
SP032060100
Fund 0306
$8,000
Construction is scheduled for 2007.
Previously authorized for bridge and...
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