Fiscal Note
The proposed resolution approves plans, specifications, and a schedule of assessments for the University Avenue Assessment District - 2022 at an estimated cost of $32,170,000, including $12,710,000 in federal funds, $12,890,000 from the City of Madison, $5,170,000 from the Village of Shorewood Hills, and $1,400,000 from Madison Metropolitan Sewerage District,. Funding is available to support the City of Madison share in the following Munis accounts:
11168-402-170 (Street) - $2,000,000
11168-402-171 (Bridge) - $700,000
11168-402-174 (Street-Storm) - $250,000
11168-402-176 (Signals) - $250,000
11168-402-177 (Lighting) - $60,000
11168-84-174 (Storm Sewer) - $7,600,000
11168-83-173 (Sanitary Sewer) - $830,000
11168-86-179 (Water) - $1,200,000
Assessments: $203,880
No additional appropriation is required.
Title
Approving Plans, Specifications, And Schedule Of Assessments For University Avenue Assessment District - 2022. (5th AD)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of University Avenue Assessment District - 2022 pursuant to a resolution of the Common Council, RES-21-00398, adopted 6/1/2021 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.
The roadway geometry for the reconstruction of University Avenue from Shorewood Boulevard to University Bay Drive was approved by the Common Council on April 21, 2020, File ID 59953, RES-20-00298.
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.
The proposed indemnification languag...
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