Number
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 West Silver Spring at 6 Intersections with a total estimated cost increase for the project of $200,000, with an estimated Grantor share of $0, and an estimated City share of $200,000.
Analysis
Resolution authorizing the City Comptroller to transfer additional funds to the previously established projects for the Wisconsin Department of Transportation and the City of Milwaukee for cost participation for the construction of West Silver Spring at 6 Intersections with a total estimated cost increase for the projects of $200,000, with an estimated Grantor share of $0, and an estimated City share of $200,000.
Body
Whereas, additional design scope has resulted in an increased cost charged against the capital improvement project; 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 2090-16-70
ST320210510
West Silver Spring Drive
6 Local Intersections
City Share Non-Assessable Paving Fund
ST320240000
Fund 0333
$200,000
Grantor Reimbursable
SP032240100
Fund 0306
$0
Grantor Non-Reimbursable
$ 0
Estimated Total Construction - $200,000
Total construction previously authorized 2,480,132.90
Current estimated cost of total project including this resolution $2,961,132.90
Original estimated cost of total project (Resolution File Number 201664) $1,417,715
Requestor
Department of Public Works
Drafter
Infrastructure Services Division
DAVID J TAPIA: C. Murphy
June 26, 2024