Fiscal Note
The proposed resolution approves plan documents and schedule of assessments for the Monroe Street reconstruction project in 2018 at a total estimated cost of $17.7 million inclusive of all street and utility components, of which $2 million is funded by special assessment. The project will resurface Monroe Street from Odana Road to Leonard Street, and reconstruct the roadway from Leonard Street to Regent Street. The project is budgeted in the proposed 2018 capital budget for construction in 2018.
Title
Approving Plans, Specifications, And Schedule Of Assessments For Monroe Street Assessment District - 2018.
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of Monroe Street Assessment District - 2018 pursuant to a resolution of the Common Council, RES-17-00691, adopted 9/5/2017, which resolution was adopted thereto, 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 $15,702,103.71 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 of Madison.
7. That the plans & specifications and schedule of assessments in the Report of the Board of Publi...
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