Number
220285
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer additional funds to the previously established project for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation for the construction of North Humboldt Avenue (North Ave to Keefe Ave) in the 3rd Aldermanic district with a total estimated cost increase for the projects of $2,100,000, with an estimated Grantor share of $0, and an estimated City share of $2,100,000.
Analysis
Resolution authorizing the City Comptroller to transfer additional funds to the previously established project for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation for the construction of North Humboldt Avenue (North Ave to Keefe Ave) in the 3rd Aldermanic district with a total estimated cost increase for the projects of $2,100,000, with an estimated Grantor share of $0, and an estimated City share of $2,100,000.
Body
Whereas, construction work has resulted in an increased cost charged against various capital improvement projects; and
Whereas, Additional funds are, therefore, necessary to complete the construction of the projects; now, therefore be it
Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is hereby authorized to transfer fund to the project grant chart field as follows:
Project Grant Value
State ID 2667-03-71
ST320160610
North Humboldt Boulevard - East North Avenue to East Keefe Avenue
City Share Non-Assessable Fund, Paving
ST320220000
Fund 0333
$2,100,000
Grantor Reimbursable Fund Paving
SP032220100
Fund 0306
$0
Grantor Non-Reimbursable Cash Fund Paving
$ 0
Estimated Total Construction - $2,100,000
Total construction previously authorized $11,868,952.02
Current estimated cost of total project including this resolution $14,350,407.02
Original estimated cost of total project (Resolution File Number 151714) $8,571,750
Reques...
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