Number
170254
Version
Reference
Sponsor
THE CHAIR
Title
Resolution relative to the application, acceptance and funding of a Freight Infrastructure Improvement Grant.
Analysis
This resolution authorizes the Port of Milwaukee to apply, accept, and fund a Freight Infrastructure Improvement Program grant from the Wisconsin Department of Transportation,
Bureau of Railroad & Harbors in the amount of $1,763,520 in connection with the rehabilitation of Port of Milwaukee rail road crossings on Port owned railroad track.
Body
Whereas, The City of Milwaukee appears to be eligible for grant funds from the Wisconsin Department of Transportation, Bureau of Railroad & Harbors; and
Whereas, It is the mission of the Port of Milwaukee to enhance the overall economic environment of the region by stimulating trade, business, and employment; and
Whereas, The Port of Milwaukee owns and maintains fourteen miles of railroad track connecting each Port terminal to two Class 1 railroads which provide delivery service to and from the Port;
and
Whereas, The railroad road crossings portion of the Port of Milwaukee maintained railroad track consists of rail that is of a size which is lower than the industry standard, and is inadequate
to withstand, over the long term, current weight load demands; and
Whereas, Upgrade of the railroad road crossings of the Port of Milwaukee railroad track is estimated to cost $2,204,400 of which $1,763,520 (80%) will be provided by the Wisconsin Department of Transportation and $440,880 (20%) will be provided by the City 2017 capital budget, from Fund 0481, capital account; now, therefore, be it
Resolved, That the City Comptroller is authorized and directed to transfer $100,000 from Fund 0481, account PT180000202, Pier Berth Channel Improvements and $330,880 from fund 0481 PT180130402 Rail Track & Service Upgrades, to PT180160200, Freight Infrastructure Improvement City Share; and, be it
Resolved, That the City Comptrolle...
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