Fiscal Note
The proposed resolution approves plan documents for the Calypso Road, Fremont Avenue and Hillcrest Drive pavement resurfacing project. In the adopted 2018 capital budget, Engineering Major Streets has budgeted $15.5 million within the Pavement Management capital program for the resurfacing of streets throughout the City. The cost of the proposed project for the Calypso Road, Fremont Avenue and Hillcrest Drive resurfacing is estimated at $1.68 million. Project funding is provided by GO Borrowing, Special Assessments, and associated utility funding.
Title
Approving Plans, Specifications, And Schedule Of Assessments For Calypso Road, Fremont Avenue and Hillcrest Drive Resurfacing with Utilities 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 Calypso Road, Fremont Avenue and Hillcrest Drive Resurfacing with Utilities Assessment District - 2018 pursuant to a resolution of the Common Council, RES-18-00015, ID No. 49748, adopted on 01/02/2018, 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 $1,679,500.00 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. ...
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