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File #: 42435    Version: Name: Amending RES-15-00893 and Approving the Selection of a Judge Doyle Square Development Team With Which to Commence Negotiations and Directing Further Actions
Type: Resolution Status: Passed
File created: 4/7/2016 In control: BOARD OF ESTIMATES (ended 4/2017)
On agenda: 4/19/2016 Final action: 4/19/2016
Enactment date: 4/22/2016 Enactment #: RES-16-00317
Title: SUBSTITUTE: Amending RES-15-00893 and Approving the Selection of a Judge Doyle Square Development Team With Which to Commence Negotiations and Directing Further Actions
Sponsors: Paul R. Soglin, Sara Eskrich, Denise DeMarb, Michael E. Verveer
Attachments: 1. Alder Questions as of April 7, 2016.pdf, 2. City - Negotiating Team Report to BOE - Addendum (Final) 3 18 16.pdf, 3. City - Negotiating Team Report to BOE 2 15 16.pdf, 4. City - Negotiating Team Report to BOE 4 8 16(FINAL).pdf, 5. MMSD TID 25 Memo.pdf, 6. JDS Memo RESJI.pdf, 7. RESJI Impacts sidebyside.pdf, 8. RESJcomp JDS 04082016.pdf, 9. 2016-04-11 Corrected Public Comment.pdf, 10. 42435 Version 1.pdf
Fiscal Note
The 2016 Adopted Capital Budget includes $53,137,000 for the Judge Doyle Square project. Funding for the project is split between TID 25 cash ($21.2m), Parking Utility reserves ($18.0m), and proceeds from the land sale ($13.9m). The 2016 capital budget reflects this funding across projects in the Economic Development Division, Parking Utility, and Engineering.

· Economic Development Division, TID 25-Judge Doyle Square (pg. 287)
o Budget: $32.8m
o Use: Funding available for project costs consistent with Council resolution and project plan amendments.
· Parking Utility, Judge Doyle Square Garage (pg. 354)
o Budget: $18.0m (Parking Utility Reserves)
o Use: Construction costs associated with replacement of Government East parking ramp
· Engineering-Facilities: City Fleet Stalls-JDS (pg. 293)
o Budget: $1.3m (Land Sale Proceeds)
o Use: Purchase of 40 parking stalls for City’s fleet housed at the Madison Municipal Building
· Engineering-Ped/Bike: Bike Station (pg. 299)
o Budget: $1.0m (Land Sale Proceeds)
o Use: Construction of Bike Station at the Government East parking ramp as part of the renovation efforts

Additional background information on the project can be found at the Judge Doyle Square page on the City Planning website ().

Staff resources from the Department of Planning & Community & Economic Development, Finance, Traffic Engineering, Parking Utility, Monona Terrace and City Engineering will be allocated to provide support for the negotiation process without the need for an additional appropriation.

All future expenditures associated with the project will require further Council approval other than the costs associated with the review and developer selection and negotiations with the selected developer.

Title
SUBSTITUTE: Amending RES-15-00893 and Approving the Selection of a Judge Doyle Square Development Team With Which to Commence Negotiations and Directing Further Actions
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