Fiscal Note
The proposed resolution approves plans, specifications, and a schedule of assessments for the Mineral Point Road Assessment District - 2026. The share of funding is shown in the following breakdown.
Federal Funds Available: $ 4,600,000.00
City Assessable Cost: $ 13,297.39
City Cost: $ 8,058,313.89
Total Project Cost: $ 12,671,611.28
City Accounts:
11131-402-170 Mineral Point Rd-Street $ 2,207,605.28
11131-402-174 Mineral Point Rd-Street Storm $ 434,850.44
11131-402-176 Mineral Point Rd-Traffic Signals $ 47,917.16
11131-402-177 Mineral Point Rd-Lighting $ 93,863.44
11131-84-174 Mineral Point Rd -Box Culvert/Mirco-Tunnel $ 5,083,319.92
11131-84-179 Mineral Point Rd-Water $ 204,055.04
Funds will be included in the proposed 2026 Engineering Major Streets Capital Budget, Project No. 11131.
Title
Approving plans, specifications and Schedule of Assessments for Mineral Point Road Assessment District - 2026. (AD 1 & 9)
Body
The City of Madison and WisDOT are partnered for the design and construction. The project will be constructed under a contract let by the Wisconsin Department of Transportation (WisDOT). The proposed project is planned for construction in the year 2026-2027.
The roadway geometry for the reconstruction of Mineral Point Road from Commerce Drive to S. High Point Road and S. High Point Road from Mineral Point Road to north Greenway Drainage Property was approved by the Common Council on March 11, 2025, File ID 86997, RES-25-00145.
The basis for construction cost sharing participation is as follows:
1) Local Utilities: The City shall pay for 100% of the cost of installing or adjusting new water and sanitary sewer mains. The City assumes full responsibility for the design, installation, testing and operation of the sanitary sewer and water system. Each affected local municipality shall pay for 100% of the costs for installing or adjusting new or existing local utilitie...
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