Number
150054
Version
ORIGINAL
Reference
Sponsor
ALD. HAMILTON
Title
Resolution relative to the cost participation and installation of traffic control devices in conjunction with the Federal State Aid paving of North Teutonia Avenue from West Capitol Drive to West Ruby Avenue in the 1st Aldermanic District at a total estimated cost of $362,716.73 with an estimated grantor share of $164,000, and an estimated City share of $198,716.73.
Analysis
This resolution authorizes the Commissioner of Public Works and Comptroller to enter into a funding agreement with the Wisconsin Department of Transportation for installation of traffic control improvements in conjunction with the Federal State Aid paving of North Teutonia Avenue from West Capitol Drive to West Ruby Avenue in the 1st Aldermanic District at a total estimated cost of $164,000, and an estimated City share of $198,716.73, and to install these improvements upon execution of the agreement. This resolution also authorizes the Comptroller to establish and transfer funds to the appropriate accounts for the project. The total estimated cost of the entire project is $3,446,121.73, with a grantor share of $2,116,800, and a City share of $1,329,321.73.
Body
Whereas, The Project Agreement for the paving of North Teutonia Avenue from West Capitol Drive to West Ruby Avenue was approved by the Common Council under File Number 111507; and,
Whereas, The Surface Transportation Program provides cost participation for traffic control improvements in conjunction with the paving of highways located on the Federal State Aid Highway System; and
Whereas, The total estimated cost of this project is $315,405.85 for the alteration and upgrade of traffic control signals and the upgrade of traffic control signs; and
Whereas, The total estimated cost for state review for the project is $47,310.88; and
Whereas, $198,716.73, is not reimbursable and is included in the Division’s 2015 Capital Purpose Project Grant Number ST320...
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