Fiscal Note
The Adopted 2016 Capital Budget includes $7,750,000 (funded by Impact Fees) within the Parks Division for costs associated with park land acquisition. The project proposed in this resolution is estimated to cost $15,000 which will include title work, survey and closing costs, and staff time. The remaining balance in the 2016 project is $7.4 million.
Title
SUBSTITUTE Authorizing the execution of a Dedication Agreement, including the acceptance of a Warranty Deed and an Access Easement between the City of Madison and Lloyd and Jo Ann Bitzer, pertaining to the dedication of 8.288 acres of vacant land for conservation park purposes, located adjacent to and north of 3020 Shady Oak Lane in the Town of Verona, Dane County.
Body
WHEREAS, Lloyd and Jo Ann Bitzer (the “Bitzer Family”) are the owners of two parcels located in Section 5, Township 6 North, Range 8 East, Town of Verona, Dane County, Wisconsin, legally described on attached Exhibit A and depicted on attached Exhibit B (the “Property”); and
WHEREAS, the Bitzer Family wishes to contribute to the advancement and enlargement of the City of Madison’s (the “City”) park system by donating a portion of the Property to the City, at no cost to the City, to be used as a future conservation area (the “Dedication Area”), with said lands to be dedicated being legally described on attached Exhibit A and depicted on attached Exhibit C; and
WHEREAS, the Dedication Area is currently located within the Town of Verona, within the City’s urban expansion growth area as indicated on the City’s 2006 Comprehensive Development Plan, and is included in the proposed Ice Age Trail Conservation Corridor detailed in the 2009 Shady Wood Neighborhood Development Plan; and
WHEREAS, after conveyance to the City, the Dedication Area will be land-locked and require an exclusive access easement over a portion of the Property for the benefit of the City; and
WHERAS, the Bitzer Family requests naming and signage rights, reversiona...
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