Title
A summary of fund transfers being presented to the Finance and Audit Committee. (INFORMATIONAL ONLY UNLESS OTHERWISE DIRECTED BY THE COMMITTEE)
Body
Summary of Fund Transfers for Consideration at the Finance and Audit Committee
June 2011- Informational Report
Description Amount
DTPW - AE & ES $3,124,000
1. An appropriation transfer of $3,124,000 is requested by the Directors of Parks, Recreation and Culture and Transportation and Public Works to create capital project WP131xxx-Oak Leaf trail Downtown Connector Phase 4 Acquisition.
The Parks Department was recently awarded a $2,472,577 Congestion Mitigation Air Quality (CMAQ) grant from the Wisconsin Department of (WisDOT) Transportation for the acquisition of the UP Railroad for construction of a bike trail. The CMAQ grant will provide 80% of the project cost to acquire the corridor with the County providing a 20% match. The County has also been notified that WisDOT has approved a Federal Enhancement grant for the construction of the trail, which will follow the acquisition phase. County funding will be required in the future to also provide a 20% match for the Enhancement grant. This fund transfer does not address the Enhancement grant match. The proposed trail will be a continuation of the existing paved bike trail that begins at the lakefront and currently ends in Estabrook Park, just south of Hampton Ave. The new trail will run northwesterly for 3.1 miles beginning just south of Hampton Ave. and ending a short distance south of the 2600 block of mill road.
Capital projects WO069012, Underwood Parkway- Schlinger to Fairview will be utilized to provide most of the 20% CMAQ grant match. Project WO069012 is essentially a duplication of project WP13101. Oak Leaf Trail- Bluemound Rd. to Rainbow Park. Parks intention is to convert a portion of the Underwood Parkway, which provides limited utility other than serving as a bike trail, to a bike trail only. That scope is adequately ...
Click here for full text