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Subject: Communication from the Assistant Commissioner of Public Works/Engineering submitting a two-party agreement for the (STH 32) Connecting Highway change; from Goold Street - (Douglas Avenue to N. Main Street) and N. Main Street - (Goold Street to Hamilton Street); to Douglas Avenue (Goold Street to Hamilton Street) and Hamilton Street - (Douglas Avenue to N. Main Street). State Project ID: 2350-00-00/70, Douglas Avenue (Goold to N. Main). (Res.10-2229)
Recommendation of the Public Works and Services Committee on 10-12-10: That the Mayor and City Clerk be authorized and directed to enter into a 2-party agreement with the Wisconsin Department of Transportation for a connecting Highway Change-Hamilton Street/Douglas Avenue (STH32), Main Street to Goold Street, State Project ID: 2350-00-00/70, be approved in the amount of $7,320,000.00 with the City's share being 50%, or $3,660,000.00 and the State's share being 50%, or $3,660,000.00.
Further recommends that funding to defray the City's share of this project will be provided in the 2011-2015 Capital Improvement Program.
Fiscal Note: Funds are available as herein delineated.