Number
241605
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer additional funds to the previously established project for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation for the construction of the North Holton Street Bridge over the Milwaukee River, North Commerce Street, and North Water Street with a total estimated cost increase for the project of $2,168,740, with an estimated Grantor share of $0, and an estimated City share of $2,168,740.
Analysis
Resolution authorizing the City Comptroller to transfer additional funds to the previously established projects for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation for the construction of the North Holton Street Bridge over the Milwaukee River, North Commerce Street, and North Water Street with a total estimated cost increase for the project of $2,168,740, with an estimated Grantor share of $0, and an estimated City share of $2,168,740.
Body
Whereas, Additional funds are, therefore, necessary to complete the construction of the projects; now, therefore be it
Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is hereby authorized to transfer fund to the project grant chart field as follows:
Project Grant Value
State ID 2984-12-73
BR320201110 / ST320201110
North Holton Street Bridge
Over Milwaukee River, North Commerce Street, North Water Street
City Share Non-Assessable Fund Structure
BR300250000
Fund 0303
$2,168,740
Grantor Reimbursable Fund Structure
SP032500100
Fund 0306
$0
Grantor Non-Reimbursable Cash Fund Structure
$0
City Share Non-Assessable Paving Fund
ST320250000
Fund 0333
$0
Grantor Reimbursable
SP032500100
Fund 0306
$0
Grantor Non-Reimbursable
$ 0
Estimated Total Construction $2,168,740
Total construction previously authorized $7,478,156.88
Current estimated cost of total project including this resolutio...
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