Fiscal Note
Budget authority is available in Acct. Nos:
Street Acct # CS53-58260-810571-00-53W0873-53TIF032 - $688,000 (Major Streets)
Street Acct # CS53-58270-810571-00-53W0873-53TIF032 - $51,000 (Major Streets)
Street Lighting Acct # CS53-58545-810355-00-53W0873 - $250,000 (Reconstruction Streets)
Storm Acct # ESTM-58270-810381-00-53W0873 - $139,000 (Accompanying Storm Sewer)
Sanitary Sewer Acct # ES01-58275-810332-00-53W0873 - $305,000 (Sewer with Reconstructed Streets)
Water Acct # EW01-58273-810455-00-53W0873 - $280,000 (Water Mains - Water Utility)
City Share --- $1,392,500
Street Assessments - $69,600
Ped Lighting Assessments - $225,300
Storm Assessments - $5,000
Sanitary Assessments - $20,600
Total Project Cost $1,713,000
Title
Approving Plans, Specifications, and Schedule of Assessments for Lake Street and Mendota Court Reconstruction Assessment District - 2011.
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of Lake Street and Mendota Court Reconstruction Assessment District - 2011 pursuant to a resolution of the Common Council, RES-10-00621, File No. 18858, adopted 7/6/2010, which resolution was adopted thereto, and the provisions of the Madison General Ordinances and the Wisconsin Statutes in such case made and provided, and the Common Council being fully advised.
BE IT RESOLVED:
1. That the City at large is justly chargeable with and shall pay the sum of $1,392,500.00 of the entire cost of said improvement.
2. That for those eligible property owners requesting construction of a rain garden in the public right-of-way adjacent to their property shall execute the necessary waiver of special assessments on forms provided by the City Engineer;
3. That the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
4. That...
Click here for full text