Number
240109
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution directing the Commissioner of Public Works to execute a document titled “1st Revision State/Municipal Agreement for a State-Let Highway Project” with the Wisconsin Department of Transportation for the programming, design, real estate acquisition, and construction of STH 241 (South 27th Street) from the UPRR to STH 24 (Forest Home), with a total estimated cost increase for the project of $3,362,300 with an estimated Grantor share of $2,893,447 and an estimated City share of $468,853.
Analysis
This resolution directs the Commissioner of Public Works to execute a State/Municipal Agreement with the Wisconsin Department of Transportation for the programming, design, real estate acquisition, and construction of STH 241 (South 27th Street) from the UPRR to STH 24 (Forest Home). The State/Municipal Agreement provides for 75 percent Federal and State aid and 25 percent local cost sharing for preliminary engineering, and provides 100 percent Federal and State aid for real estate acquisition. The revised total estimated cost of this project is $7,747,800 with a City share of $1,648,022 and grantor share of $6,099,778. Preliminary engineering estimated cost increase is $495,000 with an estimated additional City share of $123,750 and an additional grantor share of $371,250. This resolution also directs the City Comptroller to transfer funds for real estate acquisition at an estimated total cost of $150,000 with an estimated City share of $0 and an additional grantor share of $150,000. Construction funds for this project will be included in future resolutions.
Body
Whereas, A project agreement has been requested and received from the Wisconsin Department of Transportation (WisDOT) to be executed by the City of Milwaukee for the programming, design, real estate acquisition, and construction of STH 241 (South 27th Street) from the UPRR to STH 24 (Forest Home), with Federal and State aid unde...
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