Fiscal Note
Funds are available in Acct. No. CL60-58201-810625-00-53W1604-00000000-00000000
The 2014 Adopted Capital Budget includes funding for the construction of phases 1A and 1B of the Central Park project (Pr. #23 Parks Division, Acct#810625). This contract is for phase 1B. The City's funding for construction includes Park Impact Fees and G.O. Debt.
Estimated Construction Cost:
Total Project Cost: $ 358,000.00
State/Federal Cost $ 190,000.00
City Cost $ 150,166.00
Assessments $ 17,834.00
Title
Approving Schedule of Assessments for Central Park Phase IB Sidewalk Assessment District. (6th AD)
Body
PREAMBLE
The City is proposing construction of the Central Park project, an urban park located in the East Isthmus Corridor on the near east side. City has received approximately $3.1 million from a Federal grant for the construction and land acquisition for this project. The initial construction of the Park will be broken into 2 phases. Phase 1A was constructed in 2013 and Phase 1B will be constructed in 2014. Funding for the construction of Phase 1B of this project is included in the 2014 Adopted Capital Budget and the 2014 Executive Capital Budget as Recommended by the Board of Estimates.
Approving Schedule Of Assessments For Central Park Phase IB Sidewalk Assessment District. The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of Central Park Phase IB Sidewalk Assessment District pursuant to a resolution of the Common Council, RES-12-00419, ID No. 26321, adopted 6/12/2012, which resolution was adopted thereto, and File ID 34429, which will be adopted on 7/1/2014 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 $150,166.00 of the entire cost of said improvement.
2. That the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
3. That the Common Council determines such special assessments to be reasonable.
4. That the work or improvement be carried out in accordance with the reports as finally approved.
5. That such work or improvement represents an exercise of the police power of the City of Madison.
6. That the due date by which all such special assessments shall be paid in full is October 31st of the year in which it is billed, or,
7. That such special assessments shall be collected in eight (8) equal installments, with interest thereon at 3.0 percent per annum, except those special assessments paid in full on or before October 31st of that year.
8. That the Mayor and City Clerk are hereby authorized to accept dedication of lands and/or easements from the Developer/Owner for public improvements located outside of existing public fee title or easement right-of-ways.
INSTALLMENT ASSESSMENT NOTICE
Notice is hereby given that a contract has been (or is about to be) let for Central Park Phase IB Sidewalk Assessment District and that the amount of the special assessment therefore has been determined as to each parcel of real estate affected thereby and a statement of the same is on file with the City Clerk; it is proposed to collect the same in eight (8) installments, as provided for by Section 66.0715 of the Wisconsin Statutes, with interest thereon at 3.0 percent per annum; that all assessments will be collected in installments as above provided except such assessments on property where the owner of the same has paid the assessment to the City Treasurer on or before the next succeeding November 1st.
NOTICE OF APPEAL RIGHTS
"Pursuant to Sec.4.09(14), Madison General Ordinances, as authorized by Sec. 66.0701(2), Wisconsin Statutes, any person against whose land a special assessment has been levied by this resolution has the right to appeal therefrom in the manner prescribed in Sec. 66.0703(12), Wisconsin Statutes, within forty (40) days of the day of the final determination of the Common Council, said date being the date of adoption of this resolution."