Number
141403
Version
ORIGINAL
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer additional funds to the previously established subaccount for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation and installation of traffic signal improvements in various Aldermanic Districts with a total estimated cost increase for the project of $25,000, with one hundred percent of increase being City funded.
Analysis
Resolution authorizes the City Comptroller to transfer additional funds to the previously established subaccount for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation and installation of traffic signal improvements in various Aldermanic Districts. This resolution authorizes the Comptroller to transfer funds to the appropriate subaccounts for the three projects. The total estimated cost increase for the project is $25,000, with one hundred percent of increase being City funded.
Body
Whereas, Additional construction work at the construction stage have resulted in increased costs charged against the project for the installation of traffic signal improvements; 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 hereby authorized and directed to transfer funds to the project grant chart field as follows:
Project Grant Value
State I.D. 2967-00-91
ST320101715
Install Traffic Signal Face 12-Inch
City of Milwaukee (28 Connecting Highway Intersections)
City of Milwaukee Share
Fund Number-0333
Project/Grant Number-ST320140000
$25,000
Previously authorized for Traffic Control Improvements-$96,301.98
Current estimated cost of total project including this resolution: $145,932.18
Original estimated cost of total project (Resolution File No. 100680): $140,100
Drafter
Department of Public Works
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