Fiscal Note
The proposed resolution approves plan documents for the WisDOT agreement pertaining to the East Johnson Street reconstruction project from Baldwin Street to 1st Street in 2019. The project is planned in the adopted 2018 Capital Improvement Plan (CIP) within Engineering Major Streets. The project is estimated to cost $6.245 million with approximately $2.6 million being from Federal funding sources; the remainder of the project is planned to be funded by GO Borrowing, special assessments, and the applicable utilities.
MUNIS:
10287
Title
Approving Plans, Specifications, And Schedule Of Assessments For East Johnson Street Assessment District - 2019. (2nd & 12th ADs)
Body
The City of Madison and the WisDOT propose to enter into an agreement for construction and cost sharing of the proposed project. The basis for cost sharing participation is as follows:
1) Design Engineering: All design-engineering costs necessitated by the street reconstruction are 100% Local Funding.
2) 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 utilities.
3) Street Improvements: The WisDOT shall pay approximately 60% of the costs for pavement, concrete curb and gutter, storm sewer, street lights, traffic signals, drive aprons, base material, sidewalk as needed, terrace restoration and all other necessary street improvements for completion of the project, through administration of Federal funding. Federal Funds are limited to $2,622,000.00; any costs over this limit will be funded by the City of Madison.
The agreement with the State of Wisconsin Department of Transportation for construction cost sharing defines the terms under whic...
Click here for full text