Fiscal Note
This work is tentatively authorized under Project #17 of the 2006 Executive Engineering - Major Streets Capital Budget (see page 64), and is expected to be formally authorized with the adoption of the budget on November 15, 2005. This resolution provides for a total of $259,600 in TIF cash funding from TID 26, $259,600 from the Water Utility, and $35,400 from the Sewer Utility, for total City funding of $554,600. Federal sources are to contribute an additional $1,038,400 in funding. Specifically, City funds are to be available in Account Numbers CS53-58250-810440-00-53B0191-53TIF026 $221,840; CS53-58270-810440-00-53B0191-53TIF026 $23,600; CS53-58545-810440-00-53B0191-53TIF026 $5,900; CS53-58540-810440-00-53B0191-53TIF026 $8,260; EW01-58273-810445-00-53B0191 $259,600; ES01-58275-810332-00-53B0191 $35,400.
Title
Approving Plans and Specifications For South Park Street Reconstruction - 2006 and Schedule of Assessments for South Park Street Sanitary Lateral Replacements and Authorizing the Mayor and City Clerk to Execute an Agreement with the State of Wisconsin Department of Transportation for Cost Sharing for the South Park Street Reconstruction - 2006. (13th AD)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of South Park Street Sanitary Lateral Replacements pursuant to a resolution of the Common Council, ID No. 01807, adopted September 6, 2005, which resolution was adopted in accordance with Sec. 66.0701 (formerly Sec. 66.62) of the Wisconsin Statutes and Sec. 4.09 of the Madison General Ordinances and having in all things duly conformed to the order of the Common Council in relation 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 $543,821.25 of the entire cost of said improvement, and that the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
2. That the Common Council determines such special assessments to be reasonable.
3. That the work or improvement be carried out in accordance with the reports as finally approved.
4. That such work or improvement represents an exercise of the police power of the City of Madison.
5. That the plans & specifications and schedule of assessments in the Report of the Board of Public Works and the Report of the City Engineer for the above named improvement be and are hereby approved, and that the center line grades for the above named improvement be and are hereby established.
6. That no advertisement for bids shall be made until such time as the City of Madison has acquired full right-of-way.
7. That the due date by which all such special assessments shall be paid in full is October 31, 2006, or,
8. That such special assessments shall be collected in eight (8) equal installments, with interest thereon at six (6%) percent per annum, except those special assessments paid in full on or before October 31, 2006.
9. That the Mayor and City Clerk are hereby authorized to accept dedication of lands and/or easements from the Developer/Owner for public improvements located outside of existing public fee title or easement right-of-ways.
10. That the Mayor and City Clerk are authorized to execute an agreement with the State of Wisconsin, Department of Transportation for cost sharing for the construction of the South Park Street Reconstruction - 2006.
INSTALLMENT ASSESSMENT NOTICE
Notice is hereby given that a contract has been (or is about to be) let for South Park Street Sanitary Lateral Replacements and that the amount of the special assessment therefore has been determined as to each parcel of real estate affected thereby and a statement of the same is on file with the City Clerk; it is proposed to collect the same in eight (8) installments, as provided for by Section 66.0715 of the Wisconsin Statutes, with interest thereon at 6% percent per annum; that all assessments will be collected in installments as above provided except such assessments on property where the owner of the same shall file with the City Clerk within thirty (30) days from the date of the adoption of this resolution, a written notice that he elects to pay the special assessment on his property, describing the same, to the City Treasurer on or before the next succeeding November 1st. If, after making such election, said property owner fails to make the payment to the City Treasurer, the City Clerk shall place the entire assessment on the next succeeding tax roll.
NOTICE OF APPEAL RIGHTS
"Pursuant to Sec.4.09(14), Madison General Ordinances, as authorized by Sec. 66.0701(2), Wisconsin Statutes, any person against whose land a special assessment has been levied by this resolution has the right to appeal therefrom in the manner prescribed in Sec. 66.0703(12), Wisconsin Statutes, within forty (40) days of the day of the final determination of the Common Council, said date being the date of adoption of this resolution."