Fiscal Note
Budget authority is available in Acct. Nos:
CS53-58250-810543-00-53W0391 $900,000 - “Pleasant View/ CTH M”
ES01-58275-810332-00-53W0391 $125,000 - “Sewer W/Reconstructed St”
Total Cost: $2,231,110
Federal Share: $1,206,110
City Share: $1,025,000
Title
Approving plans and specifications for the proposed improvements and authorizing the Mayor and City Clerk to execute an agreement with the State of Wisconsin Department of Transportation for the Phase 1 improvement of Mineral Point Road & Junction Road/South Junction Road.
Body
PREAMBLE
The City is proposing to improve Mineral Point Road (from Pleasant View Rd to the Beltline) and Junction Road/South Junction Road (from Isaac Dr to Valley View Rd). The intersections of Mineral Point Road and South Junction Road will be reconstructed with a modified Jug Handle grade separated intersection. Bicycle and pedestrian accomodations will be provided, including an overpass over Mineral Point Road and an underpass of the Jug Handle. The improvement is required for the development of the University of Wisconsin Research Park II. The City of Madison will be the lead agency for the project, which also involves Dane County. The City applied for Federal Funding with the Surface Transportation Program - Urban and the project received approval for 50% federal funding. The City also has applied for a federal earmark and in fiscal year of 2009 was awarded an earmark of $311,220. This earmark will be used for this phase.
The project will be constructed under a contract let by the Wisconsin Department of Transportation (WisDOT) and a project Agreement with WisDOT will be required for funding, oversight and construction. The proposed project is planned for construction in the year 2012-13. Phase 1 of the project will occur in 2012.
The City of Madison and the WisDOT propose to enter into an agreement for construction and cost sharing of the proposed project. The basis for cost sharing participation is a...
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