City of Madison, Wisconsin | Legislative Information Center
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File #: 27674    Version: 1 Name: Declaring the City of Madison's intention to exercise its police powers establishing the CTH M & S (Mineral Point Road and Junction Road) Interchange Improvements Assessment District.
Type: Resolution Status: Passed
File created: 9/12/2012 In control: BOARD OF PUBLIC WORKS
On agenda: 10/2/2012 Final action: 10/2/2012
Enactment date: 10/5/2012 Enactment #: RES-12-00757
Title: Declaring the City of Madison's intention to exercise its police powers establishing the CTH M & S (Mineral Point Road and Junction Road) Interchange Improvements Assessment District. (9th AD)
Sponsors: BOARD OF PUBLIC WORKS
Attachments: 1. JunctionRd_MineralPt-Assessment District.pdf
Fiscal Note
No Funds Required.
Title
Declaring the City of Madison's intention to exercise its police powers establishing the CTH M & S (Mineral Point Road and Junction Road) Interchange Improvements Assessment District.  (9th AD)
Body
BE IT HEREBY RESOLVED:
 
1.      That the Common Council of the City of Madison hereby establishes an assessment district knowns as the: CTH M & S (Mineral Point Road and Junction Road) Interchange Improvements Assessment District Assessment District, including all parcels within the lands shown on the attached sketch, all in accordance with Section 66.0701 (formerly Section 66.62) of the Wisconsin State Statutes and Section 4.09 of the Madison General Ordinances.  
 
2.      That the contemplated purposes of this assessment district is to install/construct Interchange Improvements at/near the intersection of CTH S-Mineral Point Road and CTH M--Junction Road.
 
3.      That the benefited properties shall have the opportunity to pay the special assessments which may be levied as a result of this assessment district in eight (8) annual installments, subject to the current interest rate in effect at the time of establishment of the special assessment.  
 
4.      That the City Engineer is hereby directed to prepare a report consisting of preliminary or final plans and specifications; an estimate of the entire cost of the proposed work or improvements within the assessment district; a schedule of proposed assessments, constituting an exercise of police power of the City of Madison; and a statement that the property against which the assessments are proposed is benefited.  
 
5.      That upon completion of this aforesaid report, the City Engineer shall proceed in accordance with Section 4.09 of the Madison General Ordinances.