Fiscal Note
This resolution proposes to replace an existing traffic signal and street lighting operation and maintenance agreement with the Village of Cottage Grove. Funding and revenue are included in the Adopted 2025 Traffic Engineering Operating Budget. Estimated annual revenue is $7,500.
Title
Authorizing the Mayor and City Clerk to execute agreements with the Village of Cottage Grove for the operation and maintenance of traffic control signals and street lights at various locations.
Body
WHEREAS, the Village of Cottage Grove desires that the City of Madison continue to operate and maintain traffic signals and street lights at various locations; and
WHEREAS, Section 66.0301, Wisconsin Statutes, authorizes cities, villages, towns, counties, and other public agencies to enter into agreements for the receipt or furnishing of services; and
WHEREAS, the City of Madison will operate and maintain traffic signals and street lights at various locations with part or all of the cost reimbursed to the City of Madison by the Village of Cottage Grove according to the percentage formulae set forth in Tables A & B of the agreement;
NOW, THEREFORE, BE IT RESOLVED, that the Mayor and other City officials be authorized to execute the agreement and addendum of agreement with the Village of Cottage Grove for the operation and maintenance of the traffic signals and street lights referred to in Tables A & B of the agreement; and
BE IT FURTHER RESOLVED, that these agreements will supersede or amend any prior agreements as they relate to the cost allocation and maintenance of the listed traffic control signals and street lights.