Fiscal Note
Estimated cost $90,000
($78,000 MG&E; $12,000.00 AT&T)
Funds available in:
CL60-58201-810625-00-53W0853-00000000-00000000
Title
Amending RES-12-00766 for Authorizing the Mayor and City Clerk to execute agreements with MG&E and AT&T to install conduit for the undergrounding of overhead utilities on Ingersoll Street. (6th AD)
Body
PREAMBLE
WHEREAS, on October 2, 2012, the Common Council approved RES-12-00766 which approved the Mayor and City Clerk to execute agreements with MG&E and AT&T to install conduit for the undergrounding of overhead utilities on Ingersoll Street; and,
WHEREAS, The City of Madison is proposing to have the existing overhead utility lines owned by MG&E and AT&T undergrounded on S. Ingersoll Street adjacent to the proposed Central Park project adjacent to 202 S. Ingersoll Street. The City of Madison will fund the cost to underground the existing utilities; and,
WHEREAS, the cost of the work required to underground the MG&E and AT&T facilities exceeded the estimated amount; and,
WHEREAS, the City still desires to have the facilities undergrounded.
NOW THEREFORE BE IT RESOLVED, that the Common Council hereby authorizes the Mayor and City Clerk to execute agreements with MG&E and AT&T for the undergrounding of the overhead utilities along S. Ingersoll Street adjacent to Central Park.
BE IT FURTHER RESOLVED, that the fiscal note be modified for a total estimated cost of $90,000.00.