Fiscal Note
The 2012 Fire Department capital budget included G.O. borrowing of $1.4 million to fund the City’s purchase of space in a new joint facility with Madison College. That purchase did not take place due to a failure in negotiations between the City and Madison College. This resolution proposes using the previously borrowed funds to purchase land and begin design for a City employee development center and a 14th station. The Fire Department plans to request an additional $10,050,000 during the period 2014 - 2018 to construct and equip an indoor training exercise building and tactical training tower, and to design, construct, furnish and equip a station and employee development center. (The station is estimated at $8.1 million of the additional funding.) These expenditures are not included in the Capital Improvement Program. The Fire Department expects to staff the new station in 2018 at an estimated annual operating cost of $2.1 million. This resolution also transfers, at no cost, a parcel assessed at $2,500 to the Stormwater Utility.
Title
SUBSTITUTE Authorizing the execution of a Purchase and Sale Agreement between the City of Madison and FHB Investments LLC for the purchase of parcels located at 5102 and 5152 Femrite Drive, 3101 and 3218 Dairy Drive, 4949 Prairie Dock Drive, 45 Marsh Court and 2698 I 90-39 for the location of a fire station and firefighter development center, the transfer of 45 Marsh Court to the Storm Water Utility and an amendment to the 2013 Capital Budget to provide funds for the purchase of the parcels and design services.
Body
The 2012 Fire Capital Budget approved $1.4 million (Project No. 810744) for the City’s purchase of space in Madison College’s (MATC) Protective Services Building for a joint training facility. Negotiations between the City and Madison College failed and the purchase of the space never occurred. The Madison Fire Department has identified the parcels shown as A, B, C, D and D E (collectively, app...
Click here for full text