Fiscal Note
Funds Available in the Following Accounts:
Design and Path Construction CS53-58240-810302-00-53B0916;
Storm Sewer: CS53-58270-810302-00-53B0916;
Lighting: CS53-58545-810302-00-53B0916;
Bridges: CS53-58255-810302-00-53B0916
Easements: CS53-58130-810302-00-53B0916
(see attachment for additional fiscal note information).
Title
Authorizing the Mayor and the City Clerk to execute a cost sharing agreement with the State of Wisconsin Department of Transportation for the design and construction of the Southwest Bike Path Phase IV ("Missing Link" Path), and amending the 2005 Capital Budget by $506,400. 4th, 5th, & 8th Ald. Districts.
Body
The City is proposing to construct a shared use path, including new overpass of Park Street and Murray Street, which will connect the existing Southwest path at Randall Avenue with the Brittingham Path at North Shore Drive. The project will provide a safe and direct route for bicycles and pedestrians into downtown Madison and complete an important link in the City's bike and pedestrian network. The project has been approved for federal funding covering 80% of the cost of design and construction, excluding real estate, to a maximum cap of $1,464,000.00. The remaining costs will be funded by the City of Madison.
A previous Resolution (No. 59999, ID 34362) was adopted July 2, 2003 authorizing a Three Party Design Services agreement with Wisconsin Department of Transportation and Strand Associates, Inc. for design services.
A previous Resolution (No. 60720, ID 32961) was adopted December 3, 2002 authorizing a cost sharing agreement with Wisconsin Department of Transportation for the design phase of this project. The current resolution authorizes a revised agreement that includes design as well as construction costs, and supersedes the previous agreement.
The 2005 Capital Budget for SW Bike Path was approved for $326,000. Additional funding is available from the following capital accounts:
Bikew...
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