Fiscal Note
Estimated City of Madison Cost - $1,000
Budget authority is available in Acct. No. CS53-58250-810571-00-53W1192-53TIF032 "Major Street Projects"
Title
Declaring the City of Madison's intention to exercise its police powers establishing the North Frances Street (University Avenue to State Street) Underground Utility District - 2012.
Body
1. That the Common Council of the City of Madison hereby establishes an underground utility district known as the North Frances Street (University Avenue to State Street) Underground Utility District - 2012 pursuant to Subsection 19.16(6) of the Madison General Ordinances. The limits of the district are North Frances Street from University Avenue to State Street.
2. That the Common Council intends to place overhead utility services underground in this District.
3. That the purpose of the undergrounding project that will occur in the District is to remove overhead distribution and service utility lines and replace them with underground systems and services. As a part of the undergrounding project, private services may need to be upgraded to accommodate the new underground service connection. It is estimated one (1) property in the District is currently served overhead and is not ready to receive underground service.
4. That the properties in the District that will be affected by the undergrounding project are set forth on Exhibit A to this resolution.
5. The properties listed on Exhibit A are currently served by utilities with above ground wires and the property owners adoption of this resolution or as provided in subsection 19.16(6)(c) and 19.16(6)(d). Each Property eligible for reimbursement under Subsection 19.16(6)(e)1 shall be reimbursed by the City Engineer the 2012 reimbursement rate, an amount not to exceed $ 1,027.