Number
231296
Version
SUBSTITUTE 1
Reference
230181
Sponsor
THE CHAIR
Title
Substitute resolution approving levying of assessments and construction of assessable public improvement projects at various locations and appropriating funds for these purposes with the City cost of these projects approved by this resolution is estimated to be $11,902,043.06 for a total estimated cost of $18,646,259.36.
Analysis
This resolution confirms the report of the Commissioner of Public Works, as modified by the Common Council Committee, on projects for which Public Hearings have been held. The resolution authorizes the levying of special assessments and directs the installation and construction of said public improvements. The City cost of these projects approved by this resolution is estimated to be $11,902,043.06. The total estimated cost of these projects is $18,646,259.36.
Body
Whereas, The Common Council of the City of Milwaukee adopted preliminary resolutions, determining it necessary and in the public interest to construct and levy special assessments for the following improvements:
4th Aldermanic District
E. Wells St. - N. Broadway to N. Van Buren St. (ST3201911XX) (2195-04-70) File Number 230181: Asphalt pavement reconstruction, narrowing roadway, replace all curb and gutter, sidewalk, and driveway approaches, storm sewer, traffic signals, street lighting, raised separated asphalt bike lane, and grading. This project is anticipated to be completed during the 2024 construction season.
Grantor Non-Reimbursable Paving Fund -- $1,413,391.95
Grantor Reimbursable Paving Fund -- $212,008.79
City Share Assessable Paving Fund -- $66,000.00
City Share Non-Assessable Paving Fund -- $2,889,742.88
These funds are to be transferred to the construction accounts (ST3201911XX) (2195-04-70)
Previously authorized for project construction: $0.00
Current estimated cost of construction including the resolution: $4,581,143.62
Original estimated total cost of the project: (F...
Click here for full text