Number
040399
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing and directing the City Comptroller to transfer funds to various State and/or Federal Aid project subaccounts for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs.
Analysis
This resolution authorizes the City Comptroller to transfer funds to the previously established subaccounts for the remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs in the amount of $276,300. The City of Milwaukee's share is $53,300.
Body
Whereas, The Common Council has previously adopted resolutions authorizing and directing the City Comptroller to transfer funds to various State and/or Federal Aid project subaccounts for preliminary engineering and construction; and
Whereas, Additional planning and review during the design stage and additional work during the construction stage have resulted in increased costs charged against the projects; and
Whereas, Additional funds are, therefore, necessary for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and construction costs for the projects; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the City Comptroller is hereby authorized and directed to transfer funds to the project grant chartfields as follows:
Infrastructure Services Division Accounts
Project Grant Value
ST30780801
West Highland Boulevard
Soo Line RR Underpass
City Share
ST320040000
Fund 0333
$3,000
Grantor Share
SP032040100
Fund 0306
$12,000
Estimated Total
$15,000
Project Grant Value
ST30382210
South Chase Avenue over
Kinnickinnic River Bridge
City Share
ST320040000
Fund 0333
$2,000
Grantor Share
SP032040100
Fund 0306
$8,000
Estimated Total
$10,000
Project Grant Value
ST30882401
Glendale Bridge over
Lincoln Creek
City Share
ST320040000
Fund 0333
$1,000
Grantor Share
SP032040100
Fund 0306
$4,000
Estimated Total
$5,000
Project Grant Value
ST32000601
North 12th Street
West Wells Street to
West Highland Avenue
City Share
ST320040000
Fund 0333
$2,000
Grantor Share
SP032040100
Fund 0306
$8,000
Estimated Total
$10,000
Project Grant Value
ST320020340
Park East Local Streets
North 4th Street and
West Juneau Avenue
North 6th Street and
West Juneau Avenue
City Share
ST320040000
Fund 0333
$36,300
Estimated Total
$36,300
Project Grant Value
ST32001801
North 35th Street over
Lincoln Creek Bridge
City Share
ST320040000
Fund 0333
$5,000
Grantor Share
SP032040100
Fund 0306
$20,000
Estimated Total
$25,000
Project Grant Value
ST320021201
Marquette Interchange
Grantor Share
SP032040100
Fund 0306
$100,000
Estimated Total
$100,000
Project Grant Value
BR32000501
North 35th Street over
Lincoln Creek
Grantor Share
SP032040100
Fund 0306
$55,000
Estimated Total
$55,000
Project Grant Value
ST30682901
South 29th Street Bridge
over UPRR
City Share
SP320040000
Fund 0333
$4,000
Grantor Share
SP32040100
Fund 0306
$16,000
Estimated Total
$20,000
TOTAL:
City Share ST320040000 (Fund 0333) $53,300
Grantor Share SP032040100 (Fund 0306) $223,000
TOTAL: $276,300
; and, be it
Further Resolved, That the City Comptroller is hereby authorized and directed to transfer additional amounts to any of these project grant values the amount required under the grant agreements and City Accounting Policy but not to exceed a 10 percent increase of the total amounts reserved for the grantor's share and local share or $5,000, whichever is greater.
Requestor
Department of Public Works
Drafter
Infrastructure Services Division
LCG:dle
July 12, 2004
PI FED-STATE AID PROJ SUBACCOUNTS RES-LCG