Number
131092
Version
ORIGINAL
Sponsor
THE CHAIR
Title
Resolution authorizes the City Comptroller to transfer additional funds to the previously established subaccounts for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation and installation of various capital improvements in conjunction with five projects in various Aldermanic Districts with a total estimated cost increase for all five projects of $250,000, with an estimated grantor share increase of $79,000.00 and an estimated City share increase of $171,000.
Analysis
Resolution authorizes the City Comptroller to transfer additional funds to the previously established subaccounts for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation and installation of various capital improvements in conjunction with five projects in various Aldermanic Districts. This resolution authorizes the Comptroller to transfer funds to the appropriate subaccounts for the six projects. The total estimated cost increase for all five projects is $250,000, with an estimated grantor share increase of $79,000, and an estimated City share increase of $171,000.
Body
Whereas, Additional planning and coordination and additional construction work at the construction stage have resulted in increased costs charged against five capital improvement projects; and
Whereas, Additional funds are, therefore, necessary to complete the construction of six 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 chart field as follows:
Project Grant Value
State I.D. 2025-11-92
ST320070516
West Capitol Drive-North 60th Street to North 84th Street
Grantor Reimbursable Cash - Street Lighting
Fund Number-0306
Project Number-SP032130100
$70,000
Previously authorized for Street Lighting Improvements-$282,229.37
Current estimated cost o...
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