Fiscal Note
Funding previously approved by the Common Council: RES-11-00674, File ID# 23195.
Title
Approving plans, specifications, and schedule of assessments for Fish Hatchery Road Assessment District (Street Lighting) - 2012. (13th & 14th AD)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of Fish Hatchery Road Assessment District - 2012 pursuant to a resolution of the Common Council, RES-11-00617, ID No. 22957, adopted 7/5/2011, 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 $0.00 of the entire cost of said improvement.
2. That the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
3. That the Common Council determines such special assessments to be reasonable.
4. That the work or improvement be carried out in accordance with the reports as finally approved.
5. That such work or improvement represents an exercise of the police power of the City of Madison.
6. That the plans & specifications and schedule of assessments in the Report of the Board of Public Works and the Report of the City Traffic Engineer for the above named improvement be and are hereby approved.
7. That the Board of Public Works be and is hereby authorized to advertise for and receive bids for the said improvements.
8. That the due date by which all such special assessments shall be paid in full is October 31st of the year in which it is billed; or
9. That such special assessments shall be collected in eight (8) equal installments, with interest thereon at 2.5 percent per annum, except those special assessments paid in full on or before October 31st of that year.
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