Fiscal Note
In the adopted 2016 capital budget Engineering - Major Streets has budgeted $217,500 for the Atwood Avenue (Fair Oaks to Cottage Grove) pavement replacement project (MUNIS 11127). The funding budgeted for 2016 is sufficient for the planned design costs that are associated with this proposed agreement; funding is provided by GO borrowing. The scope of the project is sufficiently planned in the 2016 adopted CIP for the specified work and external funding sources that will be provided via authorization of the proposed agreement.
The proposed resolution authorizes the agreement with an estimated local cost in 2016 of $80,000.
MUNIS:
11127-402-170
Title
Authorizing the Mayor and City Clerk to execute an agreement with the State of Wisconsin Department of Transportation for the improvement of Atwood Avenue (Fair Oaks Avenue to Walter Street). (6th and 15th ADs)
Body
PREAMBLE
The City of Madison is proposing to reconstruct Atwood Avenue from Fair Oaks Avenue to Walter Street.
The project will be constructed under a contract let by the Wisconsin Department of Transportation (WisDOT) and a project Agreement with WisDOT will be required for funding, oversight and construction. The proposed project is planned for construction in the year 2020.
The City of Madison and WisDOT propose to enter into a agreement for construction and cost sharing of the proposed project. The basis for cost sharing participation is as follows:
1) Design Engineering: All design-engineering costs necessitated by the street reconstruction are 100% Local Funding.
2) Local Utilities: The City shall pay for 100% of the cost of installing or adjusting new water and sanitary sewer mains. The City assumes full responsibility for the design, installation, testing and operation of the sanitary sewer and water system. Each affected local municipality shall pay for 100% of the costs for installing or adjusting new or exi...
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