Fiscal Note
The proposed resolution authorizes an amendment to the contract between the City and Bayview Foundation, Inc. for the receipt of a Dane County Water Quality Grant Program grant. The amendment extends the expiration date to June 30, 2025. The funding is available in the Community Development Division's (CDD) other grants fund accounts due to an amendment to the 2021 Adopted Operating Budget (Leg file 65272, RES-21-00372). No additional City appropriation required.
Title
Amending the contract between the City of Madison and Bayview Foundation, Inc. governing the receipt of a grant for $394,018 from the Dane County Urban Water Quality Grant Program; authorizing the City of Madison to amend its agreement with Bayview Foundation, Inc. by extending its expiration date to June 30, 2025; and authorizing the Mayor and City Clerk to execute agreements with Bayview Foundation, Inc. as appropriate. (District 13)
Body
BACKGROUND
Bayview Foundation, Inc. is an affordable housing community with the mission to support its culturally diverse, low-income residents in realizing their aspirations by providing quality housing, fostering cultural pride, and building community through the arts, education and recreation. A 2016 capital needs assessment of its “Triangle Neighborhood” properties revealed significant infrastructure deficiencies, most of which would require replacement. Those upgrades are currently underway. Additionally, the neighborhood is affected by its proximity to area lakes and has been vulnerable to flooding.
Starting in 2018, Bayview staff initiated a comprehensive redevelopment planning and engagement process, which included an evaluation of its needs with regard to a development partner and project financing. In keeping with residents' hopes and wishes, Bayview designed a redevelopment plan that maximizes green space, limits the heights of the new buildings, and places much of the parking underground. The new site includes expanded resident garde...
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