Fiscal Note
The proposed resolution authorizes granting and executing a Trail and Conservation Easement, for $500,000, to Dane County pursuant to land acquisition for future connection of the Ice Age Trail. Adopted RES-18-00688 (File ID 52532) authorized the City to enter into a Purchase and Sale Agreement with Charles P. Dykman and Bonnie Dykman for the conveyance of the 40 acres of vacant land for the Trail located in the Town of Verona for an estimated total cost of $2,030,000, $500,000 of which is paid by Dane County. The proposed resolution grants a Trail and Conservation Easement to the County and the County will then wire the $500,000 to the title company and the settlement sheet will reflect the $500,000 from Dane County. The $500,000 from the County is not collected by the City. The remaining funds for the land acquisition are available in the Parks Division 2018 Adopted Capital Budget (project 17355). No additional City appropriation is required.
Title
Authorizing the City of Madison to grant and execute a Trail and Conservation Easement to the County of Dane over 40 acres of vacant land in the Town of Verona to be purchased by the City for the future connection of the Ice Age Trail.
Body
WHEREAS, the Ice Age National Scenic Trail (the “Trail”), extending approximately one thousand miles, from Door County, Wisconsin, to Polk County, Wisconsin, has been recognized by the United States as providing nationally significant scenic, historic, natural and cultural qualities of that glaciated region; and
WHEREAS, over the past sixty-years, numerous entities, including the City, the County, the State of Wisconsin and the Ice Age Trail Alliance, Inc., have worked together to secure the property interests needed to establish, develop and protect the Trail; and
WHEREAS, over time, the City has expended significant resources on securing property interests to establish portions of the Trail; and
WHEREAS, the County has established the Trail as a priority in its...
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