City of Madison - File #: 25664

• File #: 25664
• Version: 1
• Name: 9018 Final CTHM Reso to acquire whole properties
• Type: Resolution
• Status: Passed
• File created: 3/14/2012
• In control: BOARD OF ESTIMATES (ended 4/2017)
• On agenda: 4/10/2012
• Final action: 4/10/2012
• Enactment date: 4/12/2012
• Enactment #: RES-12-00225
• Title: Authorizing the acquisition of 3699, 3701, 3703, 3707, 3711, 3713, 3717 and 3723 County Highway M Road for the South Junction Road/CTH M reconstruction project.
• Sponsors: Paul E. Skidmore

Date	Ver.	Action By	Action	Result
4/10/2012	1	COMMON COUNCIL	Adopt	Pass
4/9/2012	1	PLAN COMMISSION	Return to Lead with the Recommendation for Approval	Pass
4/2/2012	1	BOARD OF ESTIMATES (ended 4/2017)	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
3/21/2012	1	BOARD OF PUBLIC WORKS	Return to Lead with the Recommendation for Approval	Pass
3/21/2012	1	BOARD OF ESTIMATES (ended 4/2017)	Refer
3/21/2012	1	BOARD OF ESTIMATES (ended 4/2017)	Refer
3/20/2012	1	COMMON COUNCIL	Referred
3/14/2012	1	Economic Development Division	Referred for Introduction

Fiscal Note
Funding for the acquisition, relocation and closing costs of $ 4,000,000 are available in Engineering Account No. CS53-58110-810543-00-53W0391.
Title
Authorizing the acquisition of 3699, 3701, 3703, 3707, 3711, 3713, 3717 and 3723 County Highway M Road for the South Junction Road/CTH M reconstruction project.
Body
The City of Madison Common Council on July 21, 2009 approved the plans for the Mineral Point Road and South Junction Road Intersection reconstruction project. On July 19, 2011 the Common Council approved a Relocation Order that authorized the partial acquisitions of property shown on the attached Transportation Plat.

Based on independent appraisals prepared for the City, staff presented offers to the “Property Owners” for the partial acquisition of their respective properties located at 3699, 3701 3703, 3707, 3711 3713, 3717 and 3723 County Highway M Road (collectively the “Properties”). Staff also received and reviewed independent appraisals from the Property Owners. Both the City’s and the Property Owners’ appraisals indicate that the partial acquisition of the Properties will result in significant damages to the values of those portions of the Properties not scheduled to be acquired through negotiation or condemnation by the City (the “Remnants” shown on the attached Aerial Map).

All Property Owners have requested that the City acquire their entire Property which request is established in Wisconsin Acquisition Statures 32.05. Staff has reviewed these requests and finds the requests reasonable. Staff has determined that the City’s net cost in acquiring the entire Properties will, in the long term, be less than the costs that would be incurred of partial acquisition of the Properties. A negotiated acquisition of the entire Properties will eliminate compensation due the Property Owners for damages to the value of the Remnants caused by a partial acquisition. A negotiated acquisition of the entire Properties will also avoid potential co...