Fiscal Note
The proposed resolution authorizes an agreement for cost sharing for the High Point Road construction project. The agreement authorizes a federal/state share of $2,400,000 and a City of Madison share of $600,000 funded by General Fund GO Borrowing for the portion of High Point Road from the Midpoint Meadows Plat to Raymond Road in 2026. Funding is included in the 2025 Executive Capital Budget in the Engineering - Major Streets Capital Improvement Plan (CIP) for the High Point Road project (Munis #15401).
Title
Authorizing the Mayor and City Clerk to execute a State/Municipal Agreement with the State of Wisconsin Department of Transportation for Project I.D. 5992-10-73/74, for High Point Road (District 1, District 7)
Body
Engineering Division submitted an application for and were awarded Federal funds under the Surface Transportation Block Grant Program. The City was awarded funds for 80% of construction costs (up to $2,400,000).
The City of Madison is proposing to construct High Point Road from the Midpoint Meadows Plat to Raymond Road. The project will be constructed under a contract let by the Wisconsin Department of Transportation (WisDOT). A project Agreement with the State of Wisconsin Department of Transportation is required to cover estimated construction costs. The proposed project is planned for construction in the years 2026-2027.
NOW, THEREFORE, BE IT RESOLVED, that the Mayor and City Clerk are hereby authorized to execute an agreement with the State of Wisconsin Department of Transportation for construction cost sharing for High Point Road project.