Number
141233
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer additional funds to already existing Zoo Interchange Core, Phase I contract subaccounts, for the estimated remaining Wisconsin Department of Transportation and Milwaukee Water Works construction costs of $119,440 with the City's share being $11,944 and the grantor's share being $107,496.
Analysis
This resolution authorizes the City Comptroller to transfer additional funds to various existing State and Federal Aid Zoo Interchange Core, Phase I contract subaccounts, for the estimated remaining Wisconsin Department of Transportation and Milwaukee Water Works construction costs of $119,440 with the City's share being $11,944 and the grantor's share being $107,496. The total estimated cost of the project is $261,228,770 with the grantor's share being $260,795,890 and the City's share being $432,880
Body
Whereas, Common Council File Numbers 131564 and 131058 previously authorized the proper City officials to execute a State Municipal Agreements with the Wisconsin Department of Transportation for Milwaukee Water Works utility alterations in conjunction with the Zoo Interchange Core, Phase I contract; and
Whereas, The City Comptroller was also authorized, under Common Council File Numbers 131564 and 131058, to create within the Capital Improvement Fund, Grant and Aid projects, the necessary Project Grant Chartfield Values for construction for the project (expenditure) and transfer to any of these accounts the amounts required under the grant easement and City Accounting Policy, and
Whereas, Funding for utilities is 90% State and 10% Municipal, per chapter 84.295 of the Wisconsin State Statues, and as defined in the State Municipal Agreement; and
Whereas, Contract bid amounts require additional construction funds be appropriated to satisfy the City of Milwaukee's monetary responsibility as defined in the State Municipal Agreement; and
Whereas, Additional funds are, therefore, necessary for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee construction costs for this project; now, therefore, be it
Resolved, That the City Comptroller is hereby authorized to transfer to any of these accounts the amounts required under the grant easement 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, as follows
Milwaukee Water Works Account Numbers
Zoo Interchange - Core Phase I Contract
City Share Non-Assessable Fund Water Works Department
Water Main Relocation in USH 18 at USH 45
1060-33-80
WT410140502
Fund 0420
$8,000
City Share Non-Assessable Fund Water Works Department
South 86th Street - West Adler Street to 300 feet south of West Adler Street
1060-33-80
WT410140504
Fund 0420
$4,260
City Share Non-Assessable Fund Water Works Department
South 87th Street - West Adler Street to 300 feet south of West Adler Street
1060-33-80
WT410140506
Fund 0420
$4,370
City Share Non-Assessable Fund Water Works Department
South 87th Place - West Adler Street to 300 feet south of West Adler Street
1060-33-80
WT410140508
Fund 0420
$4,370
City Share Non-Assessable Fund Water Works Department
West Adler Street - South 91st Street to South 95th Street
1060-33-80
WT410140510
Fund 0420
$41,220
City Share Non-Assessable Fund Water Works Department
West Chester Street - 1000 feet east of South 92nd Street to South 92nd Street
1060-33-80
WT410140512
Fund 0420
$13,420
City Share Non-Assessable Fund Water Works Department
West Chester Street - South 92nd Street to West Dixon Street
1060-33-80
WT410140514
Fund 0420
$9,020
City Share Non-Assessable Fund Water Works Department
South 87th Place Extended (Freeway Crossing) - West Chester Street Extended to West Adler Street
1060-33-80
WT410140516
Fund 0420
$1,370
City Share Non-Assessable Fund Water Works Department
West O'Connor Street - South 72nd Street to South 84th Street
1060-33-80
WT410140520
Fund 0420
$2,070
City Share Non-Assessable Fund Water Works Department
West Adler Street - 250 feet east of South 86th Street to South 87th Place
1060-33-80
WT410140528
Fund 0420
$15,890
City Share Non-Assessable Fund Water Works Department
West Adler Street (Adler Pumping Station) - 250 feet east of South 86th Street to South 87th Place
1060-33-80
WT410140530
Fund 0420
$15,000
City Share Non-Assessable Fund Water Works Department
West Dixon Street - South 71st Street
1060-33-80
WT410140540
Fund 0420
$450
Grantor Non-Reimbursable Share
$107,496
City Share
$11,944
Total Estimated Milwaukee Water Works:
$119,440
Previously authorized for construction of Milwaukee Water Works utility alterations for the Zoo Interchange's Core, Phase I Contract: $305,980
Current estimated cost of total project including this resolution: $261,228,770
Original estimated cost of total project (Resolution 131564): $261,228,770
Requestor
Department of Public Works
Drafter
Infrastructure Services Division
CTC:SL:cn
November 17, 2014