City of Milwaukee - File #: 212037

• File #: 212037
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 4/19/2022
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 5/10/2022
• Title: Substitute resolution authorizing up to $9,000,000 of 2022 contingent borrowing for City matching funds for State & Federal aid paving projects and authorizing the Commissioner of Public Works to execute the State Municipal Agreement with the Wisconsin Department of Transportation for the construction of West Vliet Street in the 4th and 15 Aldermanic Districts with a total estimated cost of $10,000,000 with an estimated grantor share of $6,400,000, and an estimated City share of $3,600,000.
• Sponsors: ALD. MURPHY
• Indexes: CONTINGENT FUND, STREET IMPROVEMENTS

Date	Ver.	Action By	Action	Result	Tally
5/19/2022	1	MAYOR	SIGNED
5/10/2022	1	COMMON COUNCIL	ADOPTED	Pass	11:0
5/4/2022	1	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
4/27/2022	1	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION AND ASSIGNED; Minutes note: Chad Chrisbaum - DPW Ald. Stamper requested to be informed 3 months prior the start up to deliver the message to the constituents.	Pass	5:0
4/26/2022	1	CITY CLERK	DRAFT SUBMITTED
4/19/2022	0	COMMON COUNCIL	ASSIGNED TO

Number
212037

Version
SUBSTITUTE 1

Reference

Sponsor
ALD. MURPHY

Title
Substitute resolution authorizing up to $9,000,000 of 2022 contingent borrowing for City matching funds for State & Federal aid paving projects and authorizing the Commissioner of Public Works to execute the State Municipal Agreement with the Wisconsin Department of Transportation for the construction of West Vliet Street in the 4th and 15 Aldermanic Districts with a total estimated cost of $10,000,000 with an estimated grantor share of $6,400,000, and an estimated City share of $3,600,000.

Analysis
This resolution authorizes the use of Contingent Borrowing of up to $9,000,000 for the State and Federal Aid Capital Program. The additional funding is needed in order to complete a previously approved paving project and to leverage Federal funding from the Bipartisan Infrastructure Law (BIL). This resolution also authorizes the execution of a State Municipal Agreement with the Wisconsin DOT for reconstruction of a segment of W. Vliet Street.

Body
Whereas, The City of Milwaukee is responsible for allocating matching funds for State and Federal Aid paving projects; and

Whereas, A previously approved street reconstruction project on N. Humboldt Avenue from E. North to E. Keefe has experienced cost increases related to construction delays and design changes, and an additional $4,200,000 is required to complete the project; and

Whereas, The Bipartisan Infrastructure Law (BIL) passed in November of 2021 presents a number of opportunities for the City of Milwaukee to apply for Federal funding to improve the City’s transportation infrastructure; and

Whereas, The Southeastern Wisconsin Regional Planning Commission (SEWRPC) awarded BIL funds for construction-ready projects in April of 2022, and the City of Milwaukee was awarded funding for the W. Vliet Street from N. 27th to N. 12th street reconstruction project, which requires the City to allocate matching funds of $3,600,000; and

Whe...