Fiscal Note
In the adopted 2017 capital budget Engineering Major Streets has budgeted $10.29 million for the resurfacing of existing streets via the Pavement Management capital program (MUNIS 10540). The proposed resolution approves plans for the Yuma Drive resurfacing minor project at a total estimated cost of $1,815,000 (MUNIS11435). Funding is provided by GO Borrowing, special assessments, and associated utility funding. The project cost to the associated City agencies is split as follows:
Major Streets - $605,000
Stormwater Utility - $275,000
Sewer Utility - $440,000
Water Utility - $495,000
Assessable Costs - $180,000
MUNIS:
11435-402-170 $525,000
11435-402-174 $ 80,000
11435-84-174 $275,000
11435-83-173 $440,000
11435-86-130 $495,000
Title
Approving Plans, Specifications, And Schedule Of Assessments For Yuma Drive Resurfacing Assessment District - 2017.
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of Yuma Drive Resurfacing Assessment District - 2017 pursuant to a resolution of the Common Council, RES-17-00032, ID No. 45374, adopted 1/3/2017, 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 $1,635,000.00 of the entire cost of said improvement.
2. That for those eligible property owners requesting construction of a rain garden in the public right-of-way adjacent to their property shall execute the necessary waiver of special assessments on forms provided by the City Engineer;
3. That the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
4. That the Common Council ...
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