Fiscal Note
This resolution amends the 2010 Parks Division Capital Budget, Project #6 “Parkland Acquisition" by the addition of expenditure authority of $180,000 for land acquisition and closing costs related to completion of the Yahara River Parkway and Pedestrian Path. Funding is to be provided from the Citywide Parkland Acquisition Fund.
CL60-58110-810398-00-0000000-00000000-0000000 - $180,000
CL60-79449-810398-00-0000000-00000000-0000000 - ($180,000).
Title
Determining a Public Purpose and Necessity and Adopting a Relocation Order for the acquisition of land interests located at 220 Merry Street, 230 Merry Street and 1626 Winnebago Street for the completion of the Yahara River Parkway and Pedestrian Path, and amending the 2010 Parks Division Capital Budget.
Body
WHEREAS, in 1903, the Madison Park and Pleasure Drive Association acquired property interests along the shore of the Yahara River to facilitate the creation of a parkway and pedestrian pathway along the Yahara River, with the intent to create a public parkway and pathway from Lake Mendota to Lake Monona, said parkway and pathway being completed in 1907; and
WHEREAS, in 1937, the Madison Park and Pleasure Drive Association conveyed all of its interests to the City of Madison, including its interests in a 40-50 foot wide strip that runs along the north-east shore of the Yahara River between Winnebago Street and E. Main Street; and
WHEREAS, following a review of the title history, the City Attorney has concluded that the City only obtained easement interests, rather than fee interests, over portions of the Yahara River Parkway and Pedestrian Pathway at 220 Merry Street, 230 Merry Street and 1626 Winnebago Street from the Madison Parks and Pleasure Drive Association, contrary to the original intent of the grantors and the Madison Parks and Pleasure Drive Association; and,
WHEREAS, the City of Madison, the Marquette Neighborhood Association and the Friends of the Yahara River Parkway have exp...
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