Number
071326
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
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 $216,750.00, City share is $84,750.00 and the Grantor’s share is $132,000.00.
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 $216,750.00. The City Milwaukee’s share is $84,750.00 and the grantor share is $132,000.00, increasing the total costs to $38,585,740.00 with the City share of $623,755.90 and the grantor share of $37,961,984.10.
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. 2140-08-73
ST30981011
North 76th Street (STH 181)
West Clinton Avenue to
West County Line Road
City Share Non-Assessable Paving
ST320080000
Fund 0333
$80,000.00
Construction is scheduled for 2009
Previously authorized for street construction: $506,100.00...
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