NUMB:
000435
VERS:
ORIGINAL
REF:
980376
XXBY:
THE CHAIR
TITL:
Resolution amending Common Council File No. 980376 for acceptance of additional funding for a Brownfields Assessment Demonstration Grant. (DCD)
ANLS:
- Analysis -
This resolution authorizes the Department of City Development to accept additional funding for a Brownfields Assessment Demonstration Grant from the United States Environmental Protection Agency in the amount of $150,000. This will bring the total amount of the Grant to $895,000 with the City Share of $545,000 and a Grantor Share of $350,000. The scope will be expanded to include both the physical and chemical characterization of groundwater in the Menomonee Valley and its water flows.
BODY:
Whereas, The Common Council of the City of Milwaukee approved the acceptance and funding of a Brownfields Assessment Demonstration Grant from the United States Environmental Protection Agency ("Grantor") under File No. 980376 adopted July 7, 1998, with a Grantor Share of $200,000 and an In-Kind City Share of $545,000; and
Whereas, The City of Milwaukee ("City") appears to be eligible for additional grant funds from the United States Environmental Protection Agency in the amount of $150,000 with no increase in the In-Kind City Share amount; and
Whereas, The Department of Administration, Intergovernmental Relations Division, has determined that operation of this Grant program from October 1, 1998 to May 1, 2002 will cost approximately $895,000, of which $350,000 or 40 percent will be provided by the Grantor; and
Whereas, The In-Kind City Share of this Grant program, $545,000 or 60 percent, will be provided from the following sources:
In-Kind City Share: $545,000
Out-of-Pocket City Share: $-0-
Local, Non-City Share: $-0-
; and
Whereas, The Department of Administration, Intergovernmental Relations Division, has determined that the benefits to the City from this Grant program appear to exceed the City's share ...
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