Number
130122
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer funds to various State or Federal Aid project subaccounts for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs of $194,892.22 with the City’s share being $85,223.06 and the grantor’s share being $109,669.16.
Analysis
This resolution authorizes the City Comptroller to transfer funds to the various State and Federal Aid project subaccounts for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs of $194,892.22 with the City’s share being $85,223.06 and the grantor’s share being $109,669.16.
Body
Whereas, The Common Council has previously adopted resolutions authorizing the City Comptroller to transfer funds to various State and Federal Aid project subaccounts for preliminary engineering and construction, and
Whereas, Additional planning and review during the design stage and additional work during the construction stage have resulted in increased costs charged against the projects; and
Whereas, Additional funds are, therefore, necessary for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs for these projects; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the City Comptroller is directed to transfer funds to the project chartfields as follows:
Project Grant Value
State I.D. 2265-08-00
ST320070701
South 27th Street (STH 241)
West Howard Avenue to the
Union Pacific Railroad
City Share Non-Assessable Fund
ST320130000
Fund 0333
$31,223.06
Grantor Reimbursable Fund
SP032130100
Fund 0306
$93,669.16
Estimated Total: $124,892.22
Previously Authorized for Preliminary Engineering: $685,000
Current estimated cost of total project including this resolution: $10,4...
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