Number
091162
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the City Comptroller to transfer additional funds to various State and Federal Aid project subaccounts for the estimated remaining Wisconsin Department of Transportation and City of Milwaukee preliminary engineering and review costs totaling $164,864.73, City share is $59,801.48 and the Grantor’s share is $105,063.25.
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 review costs in the amount of $164,864.73. The City of Milwaukee’s share is $59,801.48 and the Grantor share is $105,063.25.
Body
Whereas, The Common Council has previously adopted resolutions authorizing the City Comptroller to transfer funds to various State and Federal Aid project subaccounts (ARRA and ARRA related) for preliminary engineering and review; and
Whereas, Additional planning and review during the design 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 review 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:
Aldermanic Districts 3 and 6
Project Grant Value
State I.D. 2059-00-01
ST320042001
East/West Keefe Avenue - North 7th Street to North Humboldt Boulevard
City share Non-Assessable Paving
ST320100000
Fund 0333
$5,816.70
Grantor Non-Reimbursable Paving
$23,266.81
Previously authorized for preliminary engineering and review: $255,060.00
Current estimated cost of total project including this resolution: $2,931,916.25
Original estimated cost of t...
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