Fiscal Note
Funds are available in Acct. Nos.:
Street Account: CS53-58250-810355-00-53W1056 : $1,440,000
Street Account (Storm): CS53-58270-810355-00-53W1056 : $140,000
Storm Sewer Account : ESTM-58270-810381-00-53W1056 : $150,000
Sanitary Sewer Account : ES01-58275-810332-00-53W1056 : $850,000
Water Account : EW01-58273-810455-00-53W1056 : $1,050,000
Traffic Signals Account : CS53-58540-810355-00-53W1056 : $24,000
Storm Water Quality Account : ESTM-58270-810551-00-53W1056 : $22,000
Street Assessments: $241,726
Sanitary Assessments: $109,300
Storm Assessments: $30,600
Total Cost: $3,676,000
Assessments: $381,626
City Cost: $3,294,374
Title
Approving Plans, Specifications, And Schedule Of Assessments For North Street, Hoard Street and Commercial Avenue Reconstruction Assessment District - 2014.
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of North Street, Hoard Street and Commercial Avenue Reconstruction Assessment District - 2014 pursuant to a resolution of the Common Council, RES-14-00098, ID 32778, adopted 2/4/14, 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.
BE IT RESOLVED:
1. That the City at large is justly chargeable with and shall pay the sum of $3,294,374.00 of the entire cost of said improvement.
2. That for those eligible property owners requesting construction of a rain garden in the public right-of-way adjacent to their property shall execute the necessary waiver of special assessments on forms provided by the City Engineer;
3. That the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
4. That the Common Council determines such special assessments to be reasonable.
5. That the work or impr...
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