Number
091361
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 $1,535,644, City share is $899,844 and the Grantor’s share is $635,800.
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 $1,535,644. The City of Milwaukee’s share is $899,844 and the Grantor share is $635,800.
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:
Further Resolved, That the Commissioner of Public Works is authorized to execute a revised project agreement between the City of Milwaukee and the Department of Transportation for the South 2nd Street paving project from West National Avenue to a point north of the Menomonee River which accounts for additional construction monies equal to the final project estimate.
Project Grant Value
State I.D. 2445-06-70
ST320...
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