Fiscal Note
The easement fee of $168,500 shall be deposited in the General Fund/Rental and Property Lease revenue account.
Title
Authorizing the grant of a permanent limited easement and a temporary construction easement to American Transmission Company for an underground electric transmission line in a portion of the City's East Rail Corridor between East Washington Avenue and East Johnson Street. (2nd & 12th AD)
Body
PREAMBLE
American Transmission Company ("ATC") is constructing an underground 138 kilovolt electric transmission line from the Blount Substation to a point north of East Johnson Street (the "Project"). A portion of the existing overhead transmission lines in the Isthmus involved in this Project will be removed once the underground transmission line is operational.
The route of the Project passes through a portion of the City of Madison's East Rail Corridor requiring the grant of a permanent limited easement and a temporary construction easement (the "Easements") from the City in order to pass through the City's corridor between East Washington Avenue and East Johnson Street. The Project will facilitate the placement of a bike path over the underground transmission line.
The width required for the permanent limited easement is twenty (20) feet. A map depicting the location of the permanent limited easement is attached and marked as Exhibit A. The ten (10) foot wide temporary construction easement is adjacent on each side of the permanent limited easement and is needed to accommodate the work area needed by ATC. The temporary construction easement will expire at the completion of construction activities. Compensation to be paid to the City for the granting of the Easements is $168,500.00. Conditions specific to these Easements are listed below.
The City's Parks Division, Engineering Division and Real Estate Section staff have reviewed the terms and conditions of the Easements and the location and design of the Project and recommen...
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