NUMB:
990943
VERS:
ORIGINAL
XXBY:
THE CHAIR
TITL:
Resolution authorizing the installation of a new traffic signal at the intersection of North Commerce Street and North Humboldt Avenue in the 6th Aldermanic District at the expense of American Stores Properties, Inc. and the preparation and execution of an agreement between the City and American Stores Properties, Inc. (Infrastructure Services Div.)
ANLS:
- Analysis -
This resolution authorizes the Commissioner of Public Works to install traffic control signals at the intersection of North Commerce Street and North Humboldt Avenue and prepare and execute an agreement between the City and American Stores Properties, Inc.
BODY:
Whereas, This intersection has been identified as needing traffic signals due to the continued development of Humboldt Yards Jewel Osco; and
Whereas, The total estimated cost of this installation is $50,000 which is being provided by an irrevocable letter of credit from the project developer, American Stores Properties, Inc.; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Commissioner of Public Works be and hereby is authorized and directed to install traffic control signals at the intersection of North Commerce Street and North Humboldt Avenue and prepare and execute an agreement between the City of Milwaukee and American Stores Properties, Inc. for the design, construction, operation and maintenance of this new traffic signal; and, be it
Further Resolved, That the City Comptroller is hereby authorized to create the appropriate Project/Grant Number for this installation as indicated:
Location: North Commerce Street and North Humboldt Avenue
Project/Grant Number: 9901RE5239117301
Funds Transferred: $50,000
DFTR:
DPW
ISD
CJF:dle