Fiscal Note
The proposed resolution authorizes the agreement for design oversight by the State of Wisconsin Department of Transportation for the University Avenue - Shorewood Blvd. to University Bay Dr. reconstruction project at an estimated cost of $75,000. The adopted 2018 capital budget includes $540,000 of budget authority in 2018 in addition to $500,000 of prior year reauthorized appropriation intended for the project design (MUNIS 11168). Funding is provided by GO Borrowing. The breakout of the cost for this design oversight agreement is estimated as follows:
Major Streets: $75,000
The City will be reimbursed 50% of the cost ($37,500) by the Village of Shorewood Hills under a separate agreement that was executed on April 23, 2018.
Title
Authorizing the Mayor and City Clerk to execute an agreement with the State of Wisconsin Department of Transportation for design oversight of University Avenue - Shorewood Blvd. to University Bay Dr. (5th AD)
Body
PREAMBLE
The City is proposing to reconstruct University Avenue from Shorewood Blvd. to University Bay Dr. in 2022. The City has hired KL Engineering to prepare plans and specifications and has entered into an agreement with the Village of Shorewood Hills for design cost sharing. The project will be managed by the Wisconsin Department of Transportation (WisDOT) and a project Agreement with WisDOT will be required for funding, oversight and construction. The City of Madison and WisDOT propose to enter into an agreement for design oversight for this proposed project. The basis for cost sharing participation is as follows:
1) Design Engineering: All design-engineering costs are 100% Local Funding (City of Madison and Village of Shorewood Hills).
NOW THEREFORE BE IT RESOLVED that the Mayor and City Clerk are hereby authorized to execute an agreement with the State of Wisconsin Department of Transportation for design oversight for University Avenue - Shorewood Blvd. to University Bay Dr.