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File #: 54514    Version: Name: Authorizing the Issuance of a Request for Proposals to Seek a Developer to Complete the Private Portion of the Judge Doyle - Block 88 Project.
Type: Resolution Status: Passed
File created: 1/29/2019 In control: FINANCE COMMITTEE
On agenda: 2/26/2019 Final action: 2/26/2019
Enactment date: 3/1/2019 Enactment #: RES-19-00161
Title: AMENDED SECOND SUBSTITUTE - Authorizing the Issuance of a Request for Proposals to Seek a Developer to Complete the Private Portion of the Judge Doyle - Block 88 Project.
Sponsors: Paul R. Soglin, Michael E. Verveer
Attachments: 1. City - JDS Block 88 RFP 2.19 -Draft.pdf, 2. 54514 v1.pdf, 3. 54514 v2.pdf, 4. 54514 v3.pdf, 5. 54514 CCEC Amendment.pdf, 6. 54514 Committee Recommendations Summary 2/26/19.pdf
Date Ver.Action ByActionResultAction DetailsWatch
2/26/20194 COMMON COUNCIL Amend the SubstituePass Action details Not available
2/26/20192 COMMON COUNCIL Adopt the Following Amendment(s)Pass Action details Not available
2/26/20194 COMMON COUNCIL Adopt Substitute As AmendedPass Action details Not available
2/26/20193 COMMON COUNCIL EXECUTIVE COMMITTEE Return to Lead with the Following Recommendation(s)Pass Action details Not available
2/25/20192 PLAN COMMISSION Return to Lead with the Recommendation for ApprovalPass Action details Not available
2/25/20192 SUSTAINABLE MADISON COMMITTEE Return to Lead with the Following Recommendation(s)Pass Action details Not available
2/21/20192 EQUAL OPPORTUNITIES COMMISSION Return to Lead with the Following Recommendation(s)Pass Action details Not available
2/11/20192 FINANCE COMMITTEE RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICERPass Action details Not available
2/5/20191 FINANCE COMMITTEE Refer  Action details Not available
2/5/20191 FINANCE COMMITTEE Refer  Action details Not available
2/5/20191 FINANCE COMMITTEE Refer  Action details Not available
2/5/20191 FINANCE COMMITTEE Refer  Action details Not available
2/5/20191 COMMON COUNCIL Referred  Action details Not available
1/29/20191 Mayor's Office Referred for Introduction  Action details Not available
Fiscal Note
This resolution authorizes the issuance of a request for proposals for private development on Block 88 above the publicly-owned below-ground and above ground parking facilities. A total of $50.4 million has been appropriated from Parking Utility Reserves ($23.4 million), TID 25 incremental revenues ($24 million), City general obligation borrowing ($2.3 million), and remaining Federal TIGER grant funds ($0.7 million). It is anticipated that outside consulting services will be needed to manage a six month RFP process. Based on prior contracts, the cost is anticipated to be $18,000. This cost will be paid from the authorized Judge Doyle project budget. City staff time will be absorbed within current budgets. No further city appropriation is anticipated.
Title
AMENDED SECOND SUBSTITUTE - Authorizing the Issuance of a Request for Proposals to Seek a Developer to Complete the Private Portion of the Judge Doyle - Block 88 Project.
Body
WHEREAS, on January 8, 2019, the Common Council adopted RES-19-00038, amending the executed Development Agreement with Beitler Real Estate Service LLC for the development of the Judge Doyle project, subject to final language being drafted and approved by the City Attorney, to, among other things, transfer the development rights to, and ownership of, all elements of the Block 88 development to the City of Madison; and,

WHEREAS, construction of the Government East replacement parking on Block 88 is ongoing and bids for construction of the Podium are due January 31, 2019 with completion of the Podium scheduled for October 2019; and,

WHEREAS, collaboration with a future developer during construction of the Podium will offer efficiencies for both parties which could include refinement of the load transfer system to better suit future development, use of the existing tower crane for future development and exchange of a temporary Podium roof system for the permanent system in current plans; and,

WHEREAS, proceeds from the ...

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