Number
101450
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer funds to various State and Federal Aid project subaccounts for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs being $125,911.31, with the City share being $85,000 and the Grantor’s share being $40,911.31.
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 $125,911.31. The City of Milwaukee’s share is $85,000 and the Grantor share is $40,911.31
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 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. 2219-00-70
ST520042210
S 1st St. /E. Lincoln to S Kinnickinnic Ave
City Share Non-Assessable Fund Paving
ST032011000
Fund 0333
$5,000.00
Estimated Total: $5,000.00
Previously authorized for construction: $50,000.00
Current estimated cost of total project including this resolution: $2,946,180.00
Original estimated cost of total project (Res 040400): $1,675,955.00
State I.D. 2984-24-20
ST32001020
KK Bike Trail-S 6th St
City Share Non-Assessable Fund Paving
Account No. ST320100000
Fund 0333
$40,000.00
Previously authorized for Construction: $661,827.44
Current esti...
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