Number
161412
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer additional funds to a State or Federal Aid project subaccount for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee construction cost of $131,000, with 100 percent being grantor’s share.
Analysis
This resolution authorizes the City Comptroller to transfer additional funds to a previously established subaccount for the remaining Wisconsin Department of Transportation and City of Milwaukee construction cost of $131,000, with 100 percent being grantor’s share.
Body
Whereas, Additional planning and construction work have resulted in an increased costs charged against the project; and
Whereas, Additional funds are, therefore, necessary to complete the construction of the project; now, therefore be it
Resolved, By the Common Council of the City of Milwaukee that the City Comptroller is directed to transfer funds to the project grant chartfield as follows:
Project Grant Value
Project I.D. 2265-00-93
ST320110815
South Layton Boulevard/South 27th Street (STH241) - West Oklahoma Avenue to West National Avenue
Grantor Share
Fund Number - 0306
Project Grant Number - SP032170100
$131,000
Previously authorized for Street Lighting Improvements: $754,982.10
Current estimated cost of total project including this resolution: $1,753,721.90
Original estimated cost of total project (Res 070826): $1,347,626
Requestor
Department of Public Works
Drafter
Infrastructure Services Division
ENG KIE LEE:P. Vue
January 30, 2017