Title:
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Subject: Revision 2 to State Municipal Agreement for State Project ID: 2703-00-01/71, Memorial Drive Bridge Project. (Res No. 0087-16)
Recommendation of the Public Works and Services Committee on 03-08-16: That Revision 2 to State Municipal Agreement for State Project ID: 2703-00-01/71, Memorial Drive Bridge Project, as submitted, be approved.
Fiscal Note: Revision 2 brings the total cost of this agreement to $992,280.00, with WisDOT's share being $793,024 (80% up to a maximum of $793,024.00) and the City of Racine's share being $199,256.00 (20% and any funds in excess of the $793,024.00 Federal/State maximum). Funding to defray the cost of this revision is allocated in the 2015-2024 CIP Budget.
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