Fiscal Note
The proposed resolution approves the use of Safe Routes Grant funding in an estimated total cost of $30,000 for installation of new sidewalk on Koster Street and North Rusk Avenue. In the 2019 Capital Budget, Engineering-Bicycle and Pedestrian has budgeted $100,000 for the Safe Routes Grants program (MUNIS 11112). This program pays 50% of a property owner’s sidewalk assessment where new sidewalk is installed on eligible projects. Funding for this program is from GO borrowing.
MUNIS:
11676-402-170
Title
Approving the use of Safe Routes Grants funding for the installation of new sidewalk on project #11676: Koster Street and North Rusk Avenue Assessment District - 2019. (5th AD)
Body
The Common Council approved Plans, Specifications, And Schedule of Assessments for Koster Street and North Rusk Avenue Assessment District - 2019 on January 8, 2019, File ID 53959. It has been determined that the project qualifies for Safe Routes Grants funding. Safe Routes Grants funding will be applied to all properties within the project limits with new sidewalk installation and reduce the amount due for assessments by 50 percent for the installation of new sidewalk.
NOW, THEREFORE, BE IT RESOLVED that Safe Routes Grants funding for the installation of new sidewalk on project #11676: Koster Street and North Rusk Avenue Assessment District - 2019 is hereby approved and that such funding will be applied to the Final Assessments for Schedule Of Assessments for Koster Street and North Rusk Avenue Assessment District - 2019.