Number
041290
Version
SUBSTITUTE 2
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing and directing 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.
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 $1,980,500. The City of Milwaukee's share is $1,456,500.
Body
Whereas, The Common Council has previously adopted resolutions authorizing and directing 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:
Infrastructure Services Division Accounts
Project Grant Value
ST30780801
West Highland Boulevard
Soo Line Railroad Underpass
City Share
ST320040000
Fund Number 0333
$10,000
Grantor Share
SP032040100
Fund Number 0306
$40,000
Estimated Total $50,000
Project Grant Value
BR30780801
West Highland Boulevard
Soo Line Railroad Underpass
City Share
BR100040000
Fund Number 0303
$15,000
Grantor Share
SP032040100
Fund Number 0306
$60,0...
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