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File #: 180263    Version: 0
Type: Resolution Status: Passed
File created: 5/30/2018 In control: COMMON COUNCIL
On agenda: Final action: 6/20/2018
Effective date:    
Title: Resolution authorizing the City Comptroller to transfer additional funds to the previously established project accounts for the Wisconsin Department of Transportation and the City of Milwaukee for funding participation for construction and real estate costs associated with three ongoing projects in various Aldermanic districts with a total estimated cost increase for the projects of $1,210,398.41, with $1,151,758.11 being Grantor-funded and $58,640.30 being City-funded.
Sponsors: THE CHAIR
Indexes: PUBLIC IMPROVEMENTS, TRANSPORTATION
Attachments: 1. Comptroller Certification, 2. Hearing Notice List
Number
180263
Version
ORIGINAL
Reference

Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer additional funds to the previously established project accounts for the Wisconsin Department of Transportation and the City of Milwaukee for funding participation for construction and real estate costs associated with three ongoing projects in various Aldermanic districts with a total estimated cost increase for the projects of $1,210,398.41, with $1,151,758.11 being Grantor-funded and $58,640.30 being City-funded.
Analysis
Resolution authorizing the City Comptroller to transfer additional funds to the previously established project accounts for the Wisconsin Department of Transportation and the City of Milwaukee for funding participation for construction and real estate costs associated with three projects in various Aldermanic districts with a total estimated cost increase for the projects of $1,210,398.41, with $1,151,758.11 being Grantor-funded and 58,640.30 being City-funded.
Body
Whereas, Unanticipated construction and real estate costs have resulted in increased costs charged against three capital improvement projects; and

Whereas, Additional funds are, therefore, necessary to complete the construction and acquisition of real estate for the three projects; now, therefore be it

Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is hereby authorized to transfer fund to the project grant chart field as follows:

Project Grant Value
Project ID 2060-00-26
ST320111620
South Chase Avenue - Ohio to Lincoln

Grantor Share Reimbursable Paving Fund
SP032180100
Fund 0306
$4,636

Total - $4,636

Previously authorized for real estate - $29,000
Current estimated cost of the total project including this resolution - $10,044,760
Original estimated cost of the total project (Resolution File Number 110821) - $10,044,760

Project Grant Value
Project ID 2200-14-70
ST320120410
Wells Street - 6th to Broadway

G...

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