Fiscal Note
Design: A portion of design funds previously approved and encumbered on October 21, 2011, RES-11-00903, File 24025. Remaining required funds included in the 2014 Executive Capital Budget.
Est. Federal/State Share $ 96,000
Estimated City Share $ 140,000
Estimated Total Design Cost $ 236,000
Street Acct. No. CS53-58255-810356-00-53W0742 $24,000 ($55,000 previously encumbered, contract 6949, apply overage to CS53-58250-810356-00-53W0742)
Street Acct. No. CS53-58250-810356-00-53W0742 $100,000 ($55,000 previously encumbered, contract 6949)
Water Acct No. EW01-58273-810455-00-53W0742 $6,000 ($22,000 previously encumbered, contract 6949)
Sanitary Acct No. ES01-58275-810332-00-53W0742 $10,000 ($0 previously encumbered, contract 6949)
Construction: Construction funds will be required in the 2015 Capital Budget. Construction is scheduled for 2015.
Est. Federal/State Share $1,280,000
Estimated City Share $ 1,520,000
Estimated Total Construction Cost $ 2,800,000
The proposed indemnification language in the Project Agreement has been reviewed by the Risk Manager. While the City’s risk exposure is increased by this agreement, the exposure is covered by the City’s insurance policy subject to its terms and conditions. Any impact on costs would not be immediately known.
Title
Authorizing the Mayor and City Clerk to enter into agreements with the Wisconsin Department of Transportation and MSA Professional Services for the design and construction of the Milwaukee Street Bridge and Approaches over the East Branch of the Starkweather Creek and authorizing the indemnification of the Wisconsin Department of Transportation from liability associated with the use of federal funds
Body
PREAMBLE
The City of Madison is proposing...
Click here for full text