Number
240106
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 East/West Howard Avenue from South 6th Street to South Clement Avenue in the 13th and 14th Aldermanic districts with a total estimated cost increase for the projects of $3,583,872, with an estimated Grantor share of $0, and an estimated City share of $3,583,872.
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 East/West Howard Avenue from South 6th Street to South Clement Avenue in the 13th Aldermanic district with a total estimated cost increase for the projects of $3,583,872, with an estimated Grantor share of $0, and an estimated City share of $3,583,872.
Body
Whereas, construction work 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 2395-05-71
ST320190210
East/West Howard Avenue
South 6th Street to South Clement Avenue
City Share Non-Assessable Fund, Paving
ST320240000
Fund 0333
$3,583,872
Grantor Reimbursable Fund Paving
SP032240100
Fund 0306
$0
Grantor Non-Reimbursable Cash Fund Paving
$0
Estimated Total Construction - $3,583,872
Total construction previously authorized $14,065,115.74
Current estimated cost of total project including this resolution $18,743,711.74
Original estimated cost of total project (R...
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