Fiscal Note
The proposed resolution approves plan documents for the South Hamilton Street Assessment District. The Wilson Street (Hamilton to Martin Luther King Jr. Blvd) is planned in the adopted 2017 capital budget to replace existing concrete at a cost of $1.5 million. Funding sources include TID #25 proceeds, special assessments, and associated Utility funding. The adopted budget provides sufficient budget authority for this proposed resolution. Costs are assigned to agencies as follows.
Agency Amount
Major Streets $325,000
Sewer Utility $150,000
Water Utility $230,000
Total $705,000
Title
Approving Plans, Specifications, And Schedule Of Assessments For South Hamilton Street Resurfacing Assessment District - 2017.
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of South Hamilton Street Resurfacing Assessment District - 2017 pursuant to a resolution of the Common Council, ID No. 47434, which will be adopted on June 20, 2017, 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 $606,935.07 of the entire cost of said improvement.
2. That for those eligible property owners requesting construction of a rain garden in the public right-of-way adjacent to their property shall execute the necessary waiver of special assessments on forms provided by the City Engineer;
3. That the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
4. That the Common Council determines such special assessments to be reasonable.
5. That the work or improvement be carried out in accordance with the reports as finally approved.
6. That such work or improvement represents an exercise of the police power of the City...
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