Fiscal Note
The proposed resolution approves plan documents and a schedule of assessments for the Rethke Avenue Reconstruction Assessment District - 2020 at a total estimated cost of $913,320. Of the total cost, the City's share is $790,839 and the remaining $122,481 will be covered by special assessments. Funding is available in the 2020 Adopted Capital Budget for Engineering - Major Streets Reconstruction Streets.
Account MUNIS Account Projected Cost
STREET 12693-402-170 $620,680
STREET-STORM 12693-402-174 $50,740
STORM 12693-84-174 $17,700
SANITARY 12693-83-173 $224,200
Totals $913,320
Title
Approving Plans, Specifications, And Schedule Of Assessments For Rethke Avenue Reconstruction Assessment District - 2020. (15th AD)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of Rethke Avenue Reconstruction Assessment District - 2020 pursuant to a resolution of the Common Council, RES-20-00093, ID No.59167, adopted 2/4/2020, 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 $790,839.00 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...
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