Number
131096
Version
SUBSTITUTE 1
Reference
Sponsor
Alderman Bauman, Alderman Kovac, Alderman Perez, Alderman Zielinski and Alderman Murphy
Title
Substitute resolution authorizing the Commissioner of Public Works and Comptroller to execute a Project Agreement with the Wisconsin Department of Transportation for the preliminary engineering and design, equipment purchase and installation, and participating construction for Phase 1 of a public bike sharing system using Congestion Mitigation and Air Quality funding in various Aldermanic Districts with a total estimated cost of $1,600,000, with an estimated grantor share of $1,280,000, and an estimated City share of $320,000.
Analysis
This resolution authorizes the Commissioner of Public Works and Comptroller to execute a Project Agreement with the Wisconsin Department of Transportation for the preliminary engineering and design, equipment purchase and installation, and participating construction for Phase 1 of a public bike sharing system using Congestion Mitigation and Air Quality program funds for projects in various Aldermanic Districts. The agreement provides 80% Federal funding and 20% local cost sharing for the preliminary engineering and design, equipment purchase and installation, and participating construction to implement Phase 1 of a public bike sharing system. The resolution also directs the City Comptroller to create the necessary accounts to fund the City of Milwaukee's share of the preliminary engineering and design, equipment purchase and installation, and participating construction for this project. The total estimated cost of this project is $1,600,000 with an estimated grantor share of $1,280,000, and an estimated City share of $320,000.
Body
Whereas, Preliminary approval has been requested and received from the Wisconsin Department of Transportation, along with a Project Agreement to be executed by the City of Milwaukee, for the preliminary engineering and design, equipment purchase an...
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