City of Madison - File #: 39071

• File #: 39071
• Version: 3
• Name: Accepting the Report of the Judge Doyle Square Negotiating Team and Action on Next Steps
• Type: Resolution
• Status: Passed
• File created: 6/25/2015
• In control: BOARD OF ESTIMATES (ended 4/2017)
• On agenda: 7/7/2015
• Final action: 7/7/2015
• Enactment date: 7/9/2015
• Enactment #: RES-15-00598
• Title: Accepting the Report of the Board of Estimates and the June 25, 2015 Report of the Judge Doyle Square Negotiating Team; Authorizing the Mayor and City Clerk to Execute a Preliminary Development Agreement with JDS Development LLC for the Judge Doyle Square Project and Directing Follow-up Actions Outlined in the Master Schedule for the Project; and Directing the Judge Doyle Square Negotiating Team to Continue the Exclusive Negotiation with JDS Development/Exact Sciences Over a Final Development Agreement and Report Back with a Report and Final Development Agreement at the Board of Estimates’ August 24, 2015 meeting, to be followed by Common Council action.
• Sponsors: Paul R. Soglin, Denise DeMarb, Maurice S. Cheeks, Sara Eskrich, Michael E. Verveer

Date	Ver.	Action By	Action	Result
7/7/2015	1	COMMON COUNCIL	Adopt
7/7/2015	1	COMMON COUNCIL	Adopt the Following Amendment(s)
7/7/2015	1	COMMON COUNCIL	Adopt the following Amendment(s) to the Substitute	Pass
7/7/2015	1	COMMON COUNCIL	Adopt the Following Amendment(s)	Pass
7/7/2015	3	COMMON COUNCIL	Adopt As Amended	Pass
6/29/2015	1	BOARD OF ESTIMATES (ended 4/2017)	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
6/26/2015	1	Finance Department	Refer

Fiscal Note
The adopted 2015 capital budget includes $700,000 under PCED project #12 for the South Capitol Transit Oriented District ($380,000 in Federal TIGER II grant funds and $320,000 in TID 25 proceeds). The Parking Utility budget includes $11.95 million in 2015 for replacement of the Government East parking garage (Parking Utility project #2, Judge Doyle Square Garage).

Additional background information on the project can be found at the Judge Doyle Square page on the City Planning website ().

Staff resources from the Department of Planning & Community & Economic Development, Finance, Traffic Engineering, Parking Utility, Monona Terrace and City Engineering will be allocated to provide support for the negotiation process without the need for an additional appropriation.

All future expenditures associated with the project will require further Council approval other than the costs associated with the review and developer selection and negotiations with the selected developer.

Title
Accepting the Report of the Board of Estimates and the June 25, 2015 Report of the Judge Doyle Square Negotiating Team; Authorizing the Mayor and City Clerk to Execute a Preliminary Development Agreement with JDS Development LLC for the Judge Doyle Square Project and Directing Follow-up Actions Outlined in the Master Schedule for the Project; and Directing the Judge Doyle Square Negotiating Team to Continue the Exclusive Negotiation with JDS Development/Exact Sciences Over a Final Development Agreement and Report Back with a Report and Final Development Agreement at the Board of Estimates’ August 24, 2015 meeting, to be followed by Common Council action.

Body
WHEREAS, on May 19, 2015, the Common Council accepted the Report of the Board of Estimates and directed the Judge Doyle Square Negotiating Team to immediately engage JDS Development LLC/Exact Sciences in an exclusive negotiation of a preliminary development agre...