Fiscal Note
The proposed resolution approves plan documents for the North Prospect Avenue reconstruction project at a total estimated cost of $480,650. The reconstruction of this street is planned within the adopted 2018 capital budget via the Engineering Major Streets Reconstruction Streets capital program (MUNS 11181); $14,83 million is budgeted for the program in 2018. The total estimated project cost assigned to the Engineering budget and associated utilities is as follows:
Major Streets - $167,500
Stormwater Utility - $15,000
Sewer Utility - $148,150
Water Utility - $150,000
Title
Approving Plans, Specifications, And Schedule Of Assessments For N. Prospect Avenue Reconstruction Assessment District - 2018. (5th AD)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of N. Prospect Avenue Reconstruction Assessment District - 2018 pursuant to a resolution of the Common Council, RES-18-00193, ID No. 50470, adopted 3/6/2018, 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 $449,745.00 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. That such work or improvement represents an exercise of the po...
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