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File #: 051571    Version:
Type: Resolution Status: Passed
File created: 3/23/2006 In control: PUBLIC WORKS COMMITTEE
On agenda: Final action: 4/11/2006
Effective date:    
Title: Substitute resolution authorizing the transfer of funds from the Street Improvement-State and/or Federal Aid Program to the Street Reconstruct or Resurface Program - Regular City Program for funding of local street improvements under the Local Roads Improvement Program. The City cost is $533,745 with a total estimated cost of $2,119,663. (Infrastructure Services Division)
Sponsors: THE CHAIR
Indexes: HIGHWAYS, STREET IMPROVEMENTS
Attachments: 1. Infr. Serv. Div. Cover Letter.pdf, 2. Fiscal note

 

Number

051571

Version

SUBSTITUTE “A”

Reference

050193

Sponsor

THE CHAIR

Title

Substitute resolution authorizing the transfer of funds from the Street Improvement-State and/or Federal Aid Program to the Street Reconstruct or Resurface Program - Regular City Program for funding of local street improvements under the Local Roads Improvement Program.  The City cost is $533,745 with a total estimated cost of $2,119,663.  (Infrastructure Services Division)

Analysis

This resolution directs the transfer of $533,745 of City funds and $1,059,851.55 of grantor funds to the Street Reconstruct or Resurface Program.  The total cost of the program is estimated to be $2,119,663.

Body

Whereas, State Statute 86.31 established a Local Roads Improvement Program (LRIP) to provide up to 50% reimbursement by the State of eligible costs for local street improvements; and

 

Whereas, In 2006-2007, under the LRIP Program, the City of Milwaukee is entitled to receive reimbursement up to a maximum amount of $1,059,831.55 for local street improvements; and

 

Whereas, Resolution 050193 authorized the agreement, but did not set up the funding; and

 

Whereas, Funds for projects to be undertaken under the LRIP Program are budgeted in the Street Improvement - State and/or Federal Aid Program Fund in the 2006 Capital Improvement Program (Fund 0333 and Fund 0330); and

 

Whereas, It is advantageous and necessary that these funds be transferred to the Street Reconstruct or Resurface Program - Regular City Program (Fund 0333); and

 

Whereas, The projects funded with this program area anticipated to be constructed in the 2006 construction season; and

 

Whereas, The Street Reconstruct or Resurface - Regular City Program (Fund 0330) has sufficient funds to cover the assessable portion of these projects; now, therefore, be it

 

Resolved, By the Common Council, that the City Comptroller is hereby authorized to transfer appropriations to Infrastructure Services Division Account No. 0333-ST211060000; Street Reconstruct or Resurface Program - Regular City Program from the accounts as follows for the LRIP Program;

 

Infrastructure Services Division Account

 

Grantor’s Share

Account No. 0306-SP032060100

Cost - $1,059,850

 

Major Streets Improvement -

Authorized Borrowing

Account No. 0333-ST320060000

Cost - $533,745

 

; and, be it

 

Further Resolved, That only project contractual expenditures are to be billed toward the LRIP program grant amount; and, be it

 

Further Resolved, That the City Comptroller will make a memorandum entry at the completion of the LRIP program projects to record the transaction back to the Street Improvement - State and/or Federal Aid Program for grant audit purposes; and, be it

 

Further Resolved, That the Commissioner of Public Works has the authority to apply for LRIP Discretionary Funds for projects which meet the program criteria as he deems appropriate.

 

Requestor

Infrastructure Services Division

Drafter

mld:lk

LRIP 2006

03/23/06