Number
252004
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the City Comptroller to setup and fund the procurement and construction phase of the Bike Share Expansion project for the Wisconsin Department of Transportation and the City of Milwaukee with a total estimated cost of $2,074,695.
Analysis
Resolution authorizing the City Comptroller to setup and fund the procurement and construction phase of the Bike Share Expansion project for the Wisconsin Department of Transportation and the City of Milwaukee with a total estimated cost of $2,074,695.
Body
Whereas, the City of Milwaukee is performing the purchase for the procurement and the Let for the construction project; and
Whereas, Additional grantor reimbursable funds are, therefore, necessary to complete the procurement and construction of the project; now, therefore bit it
Resolved, By the Common Council of the City of Milwaukee that the Commissioner of Public Works is authorized and directed to proceed with said work; and, be it
Further Resolved, That the Department of Public Works is authorized to use the funding as specified in the below description of work; and, be it
Further Resolved, That the City Comptroller is directed to create within the Capital Improvement Fund, Grant and Aid Projects, the necessary Project Grant Chartfield Values for Procurement & Construction for the project (Expenditure) and transfer to any of these accounts the amount required under the grant agreement 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 or $5,000, whichever is greater, as follows:
Project Grant Value
State ID 2984-31-73
Bike Share Expansion
165 Stations, 300 EBikes
City Share Non-Assessable Fund
ST320260000
Fund 0333
$83,139
Grantor Reimbursable Fund
SP032260100
Fund 0306
$316,556
Grantor Non-Reimbursable
$12,000
State ID 2984-31-83
Bike Share Expansion
165 Stations...
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