Number
081207
Version
ORIGINAL
Reference
Sponsor
ALD. BAUMAN
Title
Resolution relative to application, acceptance and funding of a State of Wisconsin Coastal Management Program Grant, in the 4th Aldermanic District.
Analysis
This resolution authorizes the Department of City Development to apply for, accept and fund a Wisconsin Coastal Management Program Grant from the State of Wisconsin in the amount of $850,000 with a City Share of $775,000 and a Grantor Share of $75,000. The purpose of this grant is to fund completion of a portion of the construction of the Erie Street Plaza.
Body
Whereas, The City of Milwaukee (“City”) appears to be eligible for grant funds from the State of Wisconsin for the construction of a portion of the Erie Street Plaza; and
Whereas, The operation of this Wisconsin Coastal Management Program Grant from July 1, 2009 to July 31, 2010 will cost $850,000 of which, $775,000 (91 percent) will be provided by the City and $75,000 (9 percent) will be provided by the Grantor; and
Whereas, It appears that City involvement in this grant and aid program will result in the major benefit to the City of increased public access to Milwaukee’s waterfront; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Department of City Development shall apply for and accept this grant without further approval unless the terms of the grant change as indicated in Section 304-81, Milwaukee Code of Ordinances; and, be it
Further Resolved, That upon approval of this grant, the City Comptroller is authorized to:
1. Transfer to these accounts the additional amount required under the grant 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 of $5,000, whichever is greater, as follows:
Grantor Reimbursable Cash
Fund Number - 0306
Project Grant Number - SP032090100
$75,000
Local Share
Fund Number - 0336
Project Grant Number - TDO5680000
$775,000
2. Create the necessary grant and aid project/grant and project/grant levels, budget against these project grant values the amount required under the grant agreement.
3. Establish the necessary City Share Project Values; and, be it
Further Resolved, That these funds are appropriated to the Department of City Development, which is authorized to:
1. Expend from the amount appropriated, sums for specified purposes as indicated in the grant budget and incur costs consistent with the award date.
2. Enter into subcontracts and leases as detailed in the grant budget.
Drafter
DCD:AE:ae
12/16/08/A
Technical correction made 1/15/09 - LME