Fiscal Note
The proposed resolution authorizes an inter-governmental agreement between the City of Madison and Dane County regarding the ongoing maintenance costs for Buckeye Road and Cottage Grove Road. The 2018 Capital Improvement Plan (CIP) assumes Buckeye Road will be reconstructed in 2019 and Cottage Grove Road will be reconstructed in 2020.
The proposed resolution assumes the City of Madison will assume the ongoing maintenance costs for Buckeye Road while Dane County will assume the ongoing maintenance costs for Cottage Grove Road.
Routine maintenance costs for Buckeye Road include:
· Annual traffic signal & street lighting electricity costs ($3,750 annually)
· Annual street sweeping & snow plowing costs ($91,000 annually)
· Crack seal repairs every other year ($7,200)
· Chip seal & crosswalk marking every four years ($67,100)
· Full resurface every 14 years-costs split evenly with Dane County ($205,000)
The following items are city costs regardless of who maintains the street
· Street lighting $1,500 annually
· Street Sweeping $5,000 annually
· Cross walk marking $16,000 every five years
Over a 50 year period these costs total $2.4m compared to $1.8m under the current cost sharing agreement, this calculation does not adjust for inflation. Currently, all of these costs are borne by the General Fund and Stormwater Utility.
Title
SUBSTITUTE - Authorizing the Mayor and City Clerk to enter into an Inter-Governmental Agreement with Dane County regarding cost-sharing for reconstruction and future maintenance of Buckeye Road/CTH AB and Cottage Grove Road/CTH BB.
Body
WHEREAS, The City of Madison and Dane County wish to reconstruct Buckeye Road/CTH AB from Monona Drive to Stoughton Road in 2019 and Cottage Grove Road/CTH BB from North Star Drive to Sprecher Road in 2020 (the projects); and,
WHEREAS, Federal funding of $920,000 has been secured for the Buckeye/AB project through the Madison Area Transportation Planning Board (MATPB), requiring a local ...
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