Fiscal Note
Estimate Cost shown on the attached (Fiscal Note - Leg File 05314)
Title
Approving plans, specifications, and schedule of assessments for State Street & Adjacent Streets Reconstruction Assessment District (2007 Construction), Authorizing the Mayor and City Clerk to enter into an agreement with the State of Wisconsin Department of Transportation for construction cost sharing and Authorizing indemnification of the State of Wisconsin Department of Transportation from liability associated with the use of federal funds. (4th AD)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of State Street & Adjacent Streets Reconstruction Assessment District pursuant to a resolution of the Common Council, Resolution No. 61150, ID No. 35319 adopted 1/20/04, which resolution was adopted in accordance with Sec. 66.0701 (formerly Sec. 66.62) of the Wisconsin Statutes and Sec. 4.09 of the Madison General Ordinances and having in all things duly conformed to the order of the Common Council in relation 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.
The agreement with the State of Wisconsin Department of Transportation for construction cost sharing defines the terms under which the City is awarded Federal funds and the agreement requires that the City indemnify the State of Wisconsin Department of Transportation. City APM 1-1 requires Common Council approval whenever the City indemnifies another party.
BE IT RESOLVED:
1. That the City at large is justly chargeable with and shall pay the sum of $5,143,918 of the entire cost of said improvement, and that the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
2. That the Common Council determines such special assessments to be reas...
Click here for full text