Fiscal Note
This resolution will amend the budget to create a new capital project in the 2015 adopted capital budget of the Planning and Community and Economic Development agency (PCED) entitled “Urban Footprint Scenario Transit Oriented Planning,” with authorized expenditures of $575,000, comprised of $300,000 in Federal TIGER grant funds, $250,000 in City General Obligation borrowing to be transferred from the “Implement Sustainability Plan” capital budget of Facilities Management (Project No.9, Acc’t No. 810778), and a $25,000 grant from the State Smart Transportation Initiative. (An additional $25,000 in matching grant funds is provided by MG&E andwill be paid directly to Vandewalle Associates for station area planning services in South Madison, which may include the development of architectural renderings and site design assistance). Ten percent (10%) of the grant funds (or $60,000) will be held in contingency to cover project overruns such as additional staff time to complete the grant work or additional consulting services needed
In addition, the Resolution amends the 2015 adopted operating budget of the Planning Division to create a new 1.0 Limited Term Employee Planner 2 or 3 to provide Project Management services including data analysis/GIS, site design, public outreach and other transit station area planning services required by the grant application. Finally, the Resolution authorizes the City to enter into an agreement with Calthorpe Analytics to purchase the Urban Footprint Development Scenario Modeling Tool (plus associated training) at a cost not to exceed $325,000.
There is no net impact on the levy.
The 2015 adopted capital budget amendment will be amended as follows:
NEW PROJECT IN PCED: “Urban Footprint Scenario Transit Oriented Planning:”
$525,000 CD21-58015-XXXXXX Professional Fees (project code pending)
($300,000) CD21-73111-XXXXXX Federal Grant Revenues (Increase)
($250,000) CD21-79140-XXXXXX General Obligation Borrowing (Increase)
($ ...
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