Number
171218
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution relative to the cost participation and installation of traffic control devices in conjunction with the Federal State Aid paving of East/West Wells Street from North 6th Street to North Broadway in the 4th Aldermanic District at a total estimated cost of $366,618.77, with one hundred percent of the total cost funded by the Wisconsin Department of Transportation.
Analysis
This resolution authorizes the Commissioner of Public Works and Comptroller to enter into a funding agreement with the Wisconsin Department of Transportation for installation of traffic control improvements in conjunction with the Federal State Aid paving of East/West Wells Street from North 6th Street to North Broadway in the 4th Aldermanic District at a total estimated cost of $366,618.77, with one hundred percent of the total cost funded by the Wisconsin Department of Transportation, and to install these improvements upon execution of the agreement. This resolution also authorizes the Comptroller to establish and transfer funds to the appropriate accounts for the project. The total estimated cost of the entire project is $3,425,986.27, with a grantor share of $2,633,569.80, and a City share of $792,416.47.
Body
Whereas, The Project Agreement for the paving of East/West Wells Street from North 6th Street to North Broadway was approved by the Common Council under File Number 111363; and,
Whereas, The Surface Transportation Program provides cost participation for traffic control improvements in conjunction with the paving of highways located on the Federal State Aid Highway System; and
Whereas, The total estimated cost of this project is $339,461.82 for the alteration and upgrade of traffic control signals and the upgrade of traffic control signs; and
Whereas, The total estimated cost for state review for the project is $27,156.95; and
Whereas, One hundred percent of the participating project construction...
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