Fiscal Note
The proposed resolution establishes revised assessment amounts for the installation of street trees compared to the initial RES-24-00203, adopted on March 19, 2024 for the installation of 869 street trees request by property owners. The total cost of the assessment and installation is $220,082.94 comprised of $203,367.78 in assessments paid to the City by the property owners and $16,715.16 of City costs. Funding for the City portion of the costs is available in the 2024 Streets Division Adopted Capital Budget (Munis #12415). No additional appropriation is required.
Title
Establishing revised assessments for the installation of street trees requested by the property owner (notices and public hearings have been waived). (Citywide)
Body
PREAMBLE
In accordance with Section 10.10 (11) of the Madison General Ordinances, the property owners whose names are listed in the attached schedule of assessments have requested installation of street trees on the street right-of-way abutting their respective properties and have waived their right for notice and public hearing. The purpose of this resolution is to establish the assessments for these street trees in accordance with Section 10.10 (9) of the Madison General Ordinances.
BE IT RESOLVED:
1. That the Common Council hereby determines that the special assessments contained on the attached schedule of assessments are reasonable.
2. That such work represents an exercise of the police power of the City of Madison.
3. That the attached schedule of assessments for street trees are hereby approved and that the date of adoption of this resolution shall constitute the levy of those assessments and that such assessments so levied shall be lien against the respective properties from the date of the adoption of this resolution.
4. That the work or improvement be carried out in accordance with the reports as finally approved.
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