Fiscal Note
The proposed resolution approves plans, specifications, and a schedule of assessments for Dearholt Road Assessment District - 2021 at an estimated cost of $1,898,184.60. Funds are available in the following Munis accounts:
13282-402-170 Street: $200,000
13542-83-170 Street (paid by Sewer): $168,599.30
13282-84-170 Street (paid by Storm): $133,000
13282-402-174 Street/Storm: $51,738.50
13282-84-174 Storm: $239,727.85
13541-84-174 Flood Mitigation: $626,589
13542-83-173 Sewer: $478,529.95
Total Cost: $1,898,184.60
Assessments: $510,449.30
City Cost: $1,387,735.30
Title
Approving Plans, Specifications, And Schedule Of Assessments For Dearholt Road Assessment District - 2021. (10th AD)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of Dearholt Road Assessment District - 2021 pursuant to a resolution of the Common Council, RES-2021-00198, ID No. 64403 adopted 3/16/2021, which resolution was adopted thereto, and the provisions of the Madison General Ordinances and the Wisconsin Statutes in such case made and provided, and the Common Council being fully advised.
BE IT RESOLVED:
1. That the City at large is justly chargeable with and shall pay the sum of $1,387,735.30 of the entire cost of said improvement.
2. That for those eligible property owners requesting construction of a rain garden in the public right-of-way adjacent to their property shall execute the necessary waiver of special assessments on forms provided by the City Engineer;
3. That the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
4. That the Common Council determines such special assessments to be reasonable.
5. That the work or improvement be carried out in accordance with the reports as finally approved.
6. That such work or improvement represents an exercise of the police power of the City ...
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