Number
211167
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution directing the Commissioner of Public Works to execute a 1st Revision State/Municipal Agreement with the Wisconsin Department of Transportation to fund design, construction, and procurement costs for the Bike Share Phase 2 project.
Analysis
This resolution directs the Commissioner of Public Works to execute a 1st Revision State/Municipal Agreement with the Wisconsin Department of Transportation for the design, construction, and procurement of Bike Share Phase 2. The State/Municipal Agreement provides for 80 percent Federal and State aid and 20 percent local cost sharing. The revised total estimated cost of this project is $1,899,990 with a grantor share of $1,519,992 and a City share of $379,998. This resolution also directs the City Comptroller to transfer funds from construction to procurement at a new estimated procurement cost of $1,551,438.96 with an estimated City share of $310,287.79 and a grantor share of $1,241,151.17, and a new estimated construction cost of $75,962.04 with an estimated City share of $15,192.41 and a grantor share of $60,769.63.
Body
Whereas, Project agreements have been requested and received from the Wisconsin Department of Transportation (WisDOT) to be executed by the City of Milwaukee for the Bike Share Phase 2 project under the 2016-2020 Congestion Mitigation Air Quality 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 Milwaukee recognizes that the City may be 100 percent liable for project cost overruns and changes in scope as approved by the Department of Public Works; and
Resolved, By the Common Council of the City of Milwaukee that the Commissioner of Public Works is hereby authorized to execute the 1st Revision State/Municipal Agreement w...
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