Fiscal Note
The Ordinance is a companion to a Resolution introduced to Council on October 19, 2010 (Legistar #20237) and codifies the proposed attachment. Following is the fiscal note for Legistar #20237 (there are no separate or additional fiscal implications associated solely with the Ordinance):
"Adoption of this resolution would authorize attachment of land from the Town of Madison and allow for the development of a proposed hotel located within the newly expanded City boundary. Under the terms of the attachment agreement, the City would provide all municipal services to the development and would be required to pay one half of all future property tax and room tax revenues generated from the development to the Town of Madison until the Town ceases to exist. Given the relatively small geographic area and commercial nature of the site, the additional expenses incurred to provide City services are not expected to be significant. The potential revenue increase to the City and the Town could be substantial, however, if the proposed development occurs.
In the most recent year, local property taxes collected from parcels within the development site by the City totaled about $11,000, while the Town collected about $7,000 from that portion of the site currently located in the Town. If no development occurs, roughly the same total amount of local property tax ($18,000) would be collected by the City, with half of that amount ($9,000) paid to the Town as a revenue sharing payment pursuant to the agreement.
If, on the other hand, the site develops as successfully as has been proposed, the local property taxes generated from that development could be in the range of $100,000 to $150,000 per year, with additional room taxes of $350,000 to $450,000 generated by the hotel. In this scenario, the total annual tax revenue generated from the site ($450,000 - $600,000) would be shared equally between the City and the Town."
Title
Creating Section 15.01(576) of the Madison General Ordinances entitled "City Boundaries"
and being part of the chapter entitled "Aldermanic Districts and Wards" attaching to the 14th Aldermanic District the Rimrock-Gateway Attachment and amending Section 15.01(54) of the Madison General Ordinances to assign the attached property to Ward 54.
Body
DRAFTER'S ANALYSIS: This ordinance attaches land in the Town of Madison, pursuant to the Cooperative Plan with the Town of Madison, City of Fitchburg.
***************************************************************
An ordinance to create Subsection (576) of Section 15.01 of the General Ordinances of the City of Madison entitled "City Boundaries" and being part of the chapter entitled "Aldermanic Districts and Wards".
WHEREAS, a petition for attachment with scale map attached was filed with the City Clerk of Madison on October 27, 2010, and has been presented to the Madison Common Council requesting attachment of the below-described territory to the City of Madison from the Town of Madison; said petition having been signed by the owners of all of the land in the territory; there being no residents or electors; and notice of the proposed attachment having been given to the Town of Madison; and
WHEREAS, investigation by the City of Madison discloses that as of this date the above representations are true, the Common Council now accepts the petition as sufficient and determines that the said attachment proceeding meets the requirements of the City of Madison, Town of Madison, and City of Fitchburg Cooperative Plan approved pursuant to Wis. Stat. § 66.0307;
NOW, THEREFORE, the Common Council of the City of Madison do ordain as follows:
1. Subsection (576) of Section 15.01 of the Madison General Ordinances is hereby created to read as follows:
"15.01(576) - There is hereby attached to the 14th Aldermanic District, the City of Madison, Dane County, Wisconsin, the following described property:
Part of the NE ¼ of the NW ¼ of Section 36, T7N, R9E, Town of Madison, Dane County, Wisconsin, described as follows:
Commencing at the North quarter corner of said Section 36: thence S00°23'29"W along the east line of the NW ¼ of said Section 36, 1161.71 feet to the intersection the south line of Lot 1, Certified Survey Map No. 9780, also being the north line of property conveyed to Marjorie C. Harker in Volume 633 of Deeds, page 82, Dane County Register of Deeds; thence N89°05'27"W along said south line of Certified Survey Map No. 9780, 329.30 feet to the intersection with the west line of the East ½ of the East ½ of the East ½ of the NW ¼ of said Section 36 and the point of beginning; thence S00°23'51"W along said west line, 160.91 feet to the intersection with the south line of the said NE ¼ of the NW ¼ of said Section 36, also being the north line of W.H. Jacobs and E.S. Barker's Subdivision; thence N89°05'27"W along said south line of the NE ¼ of the NW ¼ of said Section 36, 544.65 feet to the intersection with the original centerline of Rimrock Road as shown in Right-Of-Way Plat-Project F04-2(30); thence N14°32'20"E along said original centerline, 165.56 feet to the intersection with the westerly extension of the north line of lands described in Document No. 4022861; thence S89°05'27"E, 504.20 feet along the said westerly extension and the north line of lands described in Document No. 4022861, the said south line of Lot 1, Certified Survey Map No. 9780 and also the said north line of property conveyed to Marjorie C. Harker in Volume 633 of Deeds, page 82, Dane County Register of Deeds to the point of beginning. The above described parcel contains 84,381 square feet or 1.94 acres more or less."
2. Subsection (54) of Section 15.02 entitled "Wards and Ward Boundaries" of the Madison General Ordinances reads as follows:
"(54) Ward 54. Beginning at a point in the limits line of the City of Madison, said point being the point of intersection of the centerline of Rimrock Road and the centerline of the West Beltline Highway (U.S. Highway 12 & 18); thence Easterly along the centerline of the West Beltline Highway to a point in the limits line of the City of Madison, said point being 165 feet East of the East line of the West 1/2 of the Northwest 1/4 of Section 30, T7N, R10E, Town of Blooming Grove, Dane County, Wisconsin; thence Easterly, Northerly, Easterly, and Northeasterly along the limits line of the City of Madison to the centerline of the Yahara River; thence Northerly along the centerline of the Yahara River to the shoreline of Lake Monona; thence Westerly along the shoreline of Lake Monona to the centerline of Wingra Creek; thence Southwesterly along the centerline of Wingra Creek to the centerline of Olin Avenue; thence Southeasterly along the centerline of Olin Avenue to the West line of the Southeast 1/4 of Section 25, T7N, R9E, Town of Madison, Dane County, Wisconsin (also the limits line of the City of Madison); thence Southerly and Westerly along said limits line to the centerline of Rimrock Road; thence Southwesterly along the centerline of Rimrock Road and said limits line to the point of beginning, excepting therefrom those portions of territories now in the Town of Madison. Polling place at Bridge-Lake Point-Waunona Community Center, 1917 Lake Point."
3. If any provision of this ordinance is invalid or unconstitutional, or if the application of this ordinance to any person or circumstances is invalid or unconstitutional, such invalidity or unconstitutionality shall not affect the other provisions or applications of this ordinance which can be given effect without the invalid or unconstitutional provision or application.