Fiscal Note
The proposed resolution amends the 2020 Adopted Capital Budget for Engineering -- Major Streets by authorizing a net-neutral transfer of existing budget authority across major programs. Under the proposed resolution, $510,000 of unused GO borrowing authority will be transferred from the Monroe Street Project to the Citywide Flood Mitigation Major Program - McKenna Flood Mitigation Phase 2 Project.
Munis:
($510,000) 10251-402-170
($510,000) 10251-402-801
$510,000 12746-402-170
$510,000 12746-402-801
Title
Amending the 2020 Engineering Major Streets Capital Budget transfer $510,000 of existing GO borrowing authority between major project Monroe Street and major program Citywide Flood Mitigation, and Awarding Public Works Contract 8536, McKenna Boulevard Flood Mitigation Phase 2 (City Wide ADs)
Body
WHEREAS, on August 20, 2018 the Westside of the City of Madison experienced a very significant rain event with rainfall amounts ranging from 5 to 10 inches which fell in approximately 6 hours; and
WHEREAS, this rain event resulted in significant flash flooding damages to portions of the City including the McKenna Boulevard area; and
WHEREAS, City Engineering has been working on flood solutions to the McKenna Boulevard drainage problem with the neighborhood since approximately July of 2016 and;
WHEREAS, City Engineering has worked with the neighborhood to arrive at Phase 1 of the flood relief public works improvement project represented and bid under Contract 9411; and
WHEREAS, in order to provide the full benefits of the flood relief project, City Engineering will implement McKenna Boulevard Flood Mitigation Phase 2 in 2020, under Contract 8536; and
WHEREAS, City Engineering received six (6) competitive bids for construction of the design solution agreed to with the neighborhood; and
WHEREAS, a significant amount of the costs to construct this improvement involve the reconstruction of Struck Street and Schroeder Road to lower the overflow elevation ...
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