Fiscal Note
The proposed resolution authorizes an agreement with the Village of Shorewood Hills for the operation and maintenance of traffic control signals and street lights at various locations. Revenue is anticipated to increase by approximately $3,000 annually. These revenues are included in the adopted 2018 Traffic Engineering Operating Budget (Munis account 45200-42310).
Title
Authorizing the Mayor and City Clerk to execute an agreement with the Village of Shorewood Hills for the operation and maintenance of traffic control signals and street lights at various locations (11 AD).
Body
WHEREAS, the Village of Shorewood Hills desires that Madison operate and maintain traffic signals and street lights at various locations; and
WHEREAS, Section 66.0301, Wisconsin Statutes, authorizes cities, villages, towns, counties, and other public agencies to enter into agreements for the receipt or furnishing of services; and
WHEREAS, the City of Madison will operate and maintain traffic signals and street lights at various locations with part or all of the cost reimbursed to the City of Madison by the Village of Shorewood Hills according to the percentage formulae set forth in Table A and B.
NOW, THEREFORE, BE IT RESOLVED, that the Mayor and other City officials be authorized to execute the agreement with the Village of Shorewood Hills for the operation and maintenance of traffic signals and street lights referred to in Table A and B; and
BE IT FURTHER RESOLVED, that these agreements will supersede or amend any prior agreements as they relate to the cost allocation and maintenance of the listed traffic control signals and street lights.