NUMB:
981391
VER:
SUBSTITUTE #1
REF:
XXBY:
THE CHAIR
TITL:
Substitute resolution authorizing a $50,000 appropriation from the 1998 Common Council Contingent Fund to the City Attorney Collection Contract Special Purpose Account.
ANLS:
-Analysis-
Resolution appropriates $50,000 from the 1998 Contingent Fund to the City Attorney Collection Contract to fund collection activity services for the remainder of the year for City receivables and overdue Municipal court judgments.
BODY:
Whereas, On December 17, 1996 the Common Council passed resolution File Numbers 961270 and 961271 authorizing contracts with the Kohn Law Firm for the collection of City receivables and Professional Account Management, Inc. (PAM) for the collection of overdue Municipal Court judgments; and
Whereas, Funding for both these activities is under the jurisdiction of the City Attorney's Office Collection contract Special Purpose Account; and
Whereas, Expenditures for the Kohn Law Firm through November total $317,079.57 and expenditures for PAM through October total $334,652.22 and total expenditures for collection services year-to-date total $651,731.79 and there is a balance of $48,167.41 remaining in the account and additional funding of $50,000 is necessary for the remainder of the year; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that $50,000 be appropriated from the 1998 Common Council Contingent Fund Account No. 09-910-8000 to the City Attorney Collection Contract Special Purpose Account No. 01-003-8001.
ZDPT:
CITY ATTORNEY
DFTR:
City Attorney
GFL:bw
12/21/98
#16550