Fiscal Note
The proposed resolution approves a revised schedule of assessments for the Graaskamp Way and John Wall Drive street construction project (11461). The adopted 2018 capital budget for Engineering Major Streets includes the reauthorization of the project, fully funded by assessments. The total project cost estimate including utilities is $5.28 million which will be fully funded by assessments.
Funding was previously approved on January 2, 2018, RES-18-00003, File 46107.
Title
Approving Revised Schedule Of Assessments For Ronald Reagan Avenue, John Wall Drive and Merchant Street Assessment District - 2017. (17th AD)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of Ronald Reagan Avenue, John Wall Drive and Merchant Street Assessment District - 2017 pursuant to a resolution of the Common Council, ID No. 46107, adopted 1/2/2018, 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 original assessments did not include storm sewer work at the intersection of Manufacturers Drive and Merchant Street because it was added after the assessments were adopted on January 2, 2018. With the storm sewer addition, new parcels need to be assessed. Also not included in the original assessment were bid prices. Bid prices for the project were received on February 14, 2018. The revised assessments were updated with the bid prices.
NOW, THEREFORE, BE IT RESOLVED:
1. That the original assessments approved under RES-18-00003 be deleted and replaced with the attached revised assessments dated March 9, 2018.
2. That the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
3. That the Common Council determines such special assessments to be reasonable.
4. That...
Click here for full text