Fiscal Note
Total funding of $1,750,000 (including $950,000 in Federal TIGER II grant funds) for this project has been included in the 2012 Adopted Capital Budget of the Department of Planning & Community & Economic Development (DPCED), Project No. 11, "Judge Doyle Square (Block 105)," Account No. 810707. About $400,000 ($312K from Federal grant funds) of this amount has been committed already in support of the first phase of the planning process.
This Resolution authorizes initiation of the next phase of planning for Judge Doyle Square - a master planning document for a 12-Block transit-oriented development (TOD) district. A planning team led by Kimley-Horn and Associates, Inc. was selected in 2011 to complete this planning work, after the evaluation of several proposals through a competitive request for proposal (RFP) process. A cost estimate for completion of the master planning document has not yet been developed; funds will come from those already authorized in the capital project and will be subject to additional Council approval via a separate Resolution after cost estimates have been derived.
The estimated cost for a “hotel expert” as proposed in this Resolution to update hotel market data and related activities may range to $60,000, depending on the scope of services, and will be funded from funds approved in the Judge Doyle Square capital project, subject to approval by the Common Council.
In addition, up to $100,000 from the Building Improvement Fund as authorized in the 2012 adopted capital budget of Facilities Management (Project No. 5, “General Building Improvements,” account no. CB53-54950-810595) will be utilized for the purposes of consulting services for schematic designs and cost estimates for the renovation of the Madison Municipal Building.
City planning staff estimates that this 12-Block TOD Master Planning process will require up to 9 months to complete. Staff resources from the Department of Planning & Community & Economic Developm...
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