Fiscal Note
In the adopted 2016 capital budget, Engineering Major Streets has budgeted $217,500 for street design for replacing the existing pavement on Atwood Avenue between Fair Oaks Avenue and Cottage Grove Rd (MUNIS 11127). The funding for the costs of this project is from GO borrowing. The design work is multi-year and the remainder of the total cost will be supported in future years. The proposed resolution authorizes an agreement for the multi-year design work at an estimated total cost of $612,00.
Engineering Major Streets - $592,000
Sewer Utility - $10,000
Water Utility - $10,000
MUNIS:
11127-402-170 $592,000
11127-83-173 $10,000
11127-86-179 $10,000
Title
Amending RES-16-00375 to include revised fiscal note.
Body
PREAMBLE
Whereas, RES-16-00375 legistar # 42658 was approved by Madison Common Council on 5/19/2016, and included an incorrect amount in the fiscal note, the fiscal note is revised.
NOW THEREFORE BE IT RESOLVED that RES-16-00375 is hereby revised to include the attached fiscal note.