Fiscal Note
The proposed resolution approves plans, specifications, and schedule of assessments and authorizes the Board of Public Works to advertise and receive bids for the Regent Street Assessment District - 2027. The total estimated cost of the project is $20,290,000 comprised of $19,726,600 in City costs and $563,400 in assessments. The 2027 Executive Capital Budget includes $17,051,000 in funding for Engineering - Major Streets and $2,100,000 for the Water Utility in the Regent Street project (Munis #15233). Depending on the bids received, the Engineering Division anticipates requesting a one-time inter-major program transfer from the Pavement Management program (Munis #10540) when the Common Council approves the award the contract resolution. Funding for the plans and contract, including an additional one-time inter-major transfer are available in the 2027 Executive Capital Budget, contingent upon Common Council approval. At this time, no additional appropriation is required.
Title
Approving plans, specifications and Schedule of Assessments for Regent Street Assessment District - 2027. (District 5, District 8, District 13)
Body
The City of Madison is planning to reconstruct Regent Street (Randall Avenue through Park Street). The project includes the replacement of the sanitary sewer main and laterals, water main and reconnecting services, the storm sewer box culvert as well as storm sewer structures and laterals. The project also includes replacement or installation of pedestrian lighting, street lighting, traffic signals, City fiber optic infrastructure, curb and gutter, sidewalk, bus stops, driveway aprons, gravel base, concrete pavement, pavement markings, and signing. The water main and storm sewer box replacement will extend beyond Randall Street to Madison Street with curb and gutter removal and replacement expected to accommodate the storm sewer box. The project also includes planting new street trees with the terrace along the street.
The propo...
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