Number
250399
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution directing the Commissioner of Public Works to execute State/Municipal Agreements for a State-Let Highway Project with the Wisconsin Department of Transportation for the construction of Interstate Highway 43 North-South Freeway; Halyard Street to Capitol Drive, and to set up funds for real estate acquisition and construction at an estimated total cost of $24,802,000 with an estimated City share of $2,576,310 and a grantor share of $22,225,690.
Analysis
This resolution directs the Commissioner of Public Works to execute State/Municipal Agreements with the Wisconsin Department of Transportation for the construction of Interstate Highway 43 North-South Freeway; Halyard Street to Capitol Drive. The State/Municipal Agreements provide for 61 percent Federal and State aid and 39 percent local cost sharing for real estate acquisition and roadway costs, and for 90 percent Federal and State aid and 10 percent local cost sharing for utility costs. The total estimated cost of this project is $26,802,000 with an estimated City share of $2,576,310 and a grantor share of $24,225,690. This resolution also directs the City Comptroller to transfer funds for Real Estate Acquisition and Construction an estimated total cost of $24,802,000 with an estimated City share of $2,576,310 and a grantor share of $22,225,690.
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 construction of Interstate Highway 43 (IH-43) North-South Freeway; Halyard Street to Capitol Drive, with Federal and State aid under the State Highway Rehabilitation Program; and
Whereas, The Department of Public Works shall notify the Common Council of the City of Milwaukee of project cost overruns and changes in scope approved by the Department of Public Works; and
Whereas, The Common Council of the City of Mil...
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