Number
080626
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
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 $110,000.00, City share is $70,000.00 and the Grantor’s share is $40,000.00.
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 $110,000.00. The City of Milwaukee’s share is $70,000.00 and the grantor share is $40,000.00.
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 state 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:
Project Grant Value
State I.D. 2984-18-71
ST320060310
West Vliet Street at North 40th Street
City share Non-Assessable Paving
ST320080000
Fund 0333
$30,000.00
Construction is scheduled for 2008
Previously authorized for construction: $150,300.00
Current estimated cost of total project including this resolution: $400,300.00
Original estimated cost of total project (Resolution #051254): $196,899.00
Pro...
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