Number
060595
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing 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 totaling $50,000, increasing the total costs to $983,000.
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 $50,000. The City of Milwaukee’s share is $10,000 and the grantor share is $40,000, increasing the total costs to $983,000 with the City share of $191,040 and the Grantor share of $791,960.
Body
Whereas, The Common Council has previously adopted resolutions authorizing 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
State I.D. 2120-04-70
ST30781010
West Forest Home Avenue Bridge - C&NW Underpass
Grantor Reimbursable Cash Paving Fund
SP032060100
Fund 0306
$70,000
BR30781010
West Forest Home Avenue Bridge - C&NW Underpass
SP032060100
Fund 0306
($70,000)
Construction is complete.
Previously authorized for street construction: $176,000
Previously authorized for bridge and street construction: $364,000
Total previously authorized for total project: $737,400
Total of original project cost (Resolution #871306 and #911035): $222,000
Project Grant Value
State I.D. 2984-11-07
ST30683001
South 29th Street Bridge over C&NW Railroad
City Share Non-Assessable Paving Fund
ST320060000
Fund 0333
$10,000
Grantor Reimbursable Cash Paving Fund
SP032060100
Fund 0306
$40,000
Construction is scheduled for 2007/2008.
Total previously authorized for bridge and street preliminary engineering: $229,600
Total previously authorized for total project: $229,600
Total of original project cost: (Resolution #950846): $872,000
Summary of projects in this resolution:
City Share Non-Assessable Paving (0333) $10,000
Grantor Non-Reimbursable Fund Paving (0306) $-0-
Grantor Reimbursable Cash Fund Paving (0306) $40,000
Resolution total: $50,000.
Requestor
Department of Public Works
Drafter
Infrastructure Services Division
LCG:amh
September 6, 2006
Reso Tfer Fnds Sta & Fed Aid 082106.rtf