City of Milwaukee - File #: 240149

• File #: 240149
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 5/21/2024
• In control: PUBLIC WORKS COMMITTEE
• Final action: 6/11/2024
• Title: Resolution authorizing the transfer of funds from the Street Improvement-State and/or Federal Aid Program to the Street Reconstruct or Resurface Program - Regular City Program for funding of local street improvements under the Local Roads Improvement Program, with the City cost of $5,934,646.46, with a grantor’s cost of $1,000,653.54 for a total estimated cost of $6,935,300.00.
• Sponsors: THE CHAIR
• Indexes: GRANTS, STREET IMPROVEMENTS

Date	Ver.	Action By	Action	Result	Tally
6/14/2024	0	MAYOR	SIGNED
6/11/2024	0	COMMON COUNCIL	ADOPTED	Pass	12:0
5/30/2024	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Holly Rutenbeck - DPW	Pass	5:0
5/21/2024	0	COMMON COUNCIL	ASSIGNED TO

Number
240149
Version
ORIGINAL
Reference
230745
Sponsor
THE CHAIR
Title
Resolution authorizing the transfer of funds from the Street Improvement-State and/or Federal Aid Program to the Street Reconstruct or Resurface Program - Regular City Program for funding of local street improvements under the Local Roads Improvement Program, with the City cost of $5,934,646.46, with a grantor’s cost of $1,000,653.54 for a total estimated cost of $6,935,300.00.
Analysis
This resolution directs the transfer of $1,000,653.54 of City funds and $1,000,653.54 of grantor funds to the Street Reconstruct or Resurface Program. The total cost of the program is estimated to be $6,935,300.00.
Body
Whereas, State Statute 86.31 established a Local Roads Improvement Program (LRIP) to provide up to 50% reimbursement by the State of eligible costs for local street improvements; and

Whereas, In 2024-2025, under the LRIP Program, the City of Milwaukee is entitled to receive reimbursement up to a maximum amount of $1,000,653.54 for local street improvements; and

Whereas, Resolution 230745 authorized the agreement, but did not set up the funding; and

Whereas, Funds for projects to be undertaken under the LRIP Program are budgeted in the Street Improvement - State and/or Federal Aid Program Fund in the 2024 Capital Improvement Program (Fund 0333); and

Whereas, It is advantageous and necessary that these funds be transferred to the Street Reconstruct or Resurface Program - Regular City Program (Fund 0333); and

Whereas, The projects funded with this program area anticipated to be constructed in the 2024-25 construction season; and

Whereas, The Street Reconstruct or Resurface - Regular City Program (Fund 0330) has sufficient funds to cover the assessable portion of these projects; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is hereby authorized to transfer appropriations to Infrastructure Services Division Account No. 0...