Number
030338
Version
ORIGINAL
Reference
881665
Sponsor
THE CHAIR
Title
Resolution requesting variance from procedure as adopted in Common Council Resolution File No. 881665 as this procedure relates to financing assessable work in the Capital Program for Water Main Construction Projects. (Infrastructure Services Division)
Analysis
This resolution will authorize a supplemental appropriation of $50,000 in the Water Main Construction Project/Grant Account WT420030000.
Body
Whereas, Common Council Resolution File No. 881665 adopted December 20, 1988, provides that appropriation authority for anticipated gross expenditures regardless of the sources of funds, shall be provided in the Capital Budget; and
Whereas, For the 2003 budget, there was no assessable appropriation for Water Main Construction Projects provided; and
Whereas, Water Main Construction Projects require an assessable amount which exceeds that provided in the 2003 budget appropriation for this purpose; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the procedure as outlined in Common Council Resolution File No. 881665 adopted on December 20, 1988, with respect to financing assessable Water Main Construction shall be waived for the year 2003 to allow Water Main Construction of $50,000 in excess of the 2003 budgeted amounts to be undertaken; and, be it
Further Resolved, These funds be transferred to WT420030000; and, be it
Further Resolved, That the City Comptroller be and he hereby is authorized and directed to establish appropriate accounting for this purpose which will record the financing of the additional Water Main Construction Program for 2003 by means of anticipated receipts from assessments.
Requestor
Infrastructure Services Division
Drafter
mld:lk
Water Main 2003
07/02/03