City of Madison - File #: 54514

• File #: 54514
• Version: 4
• 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

Date	Ver.	Action By	Action	Result
2/26/2019	4	COMMON COUNCIL	Amend the Substitue	Pass
2/26/2019	2	COMMON COUNCIL	Adopt the Following Amendment(s)	Pass
2/26/2019	4	COMMON COUNCIL	Adopt Substitute As Amended	Pass
2/26/2019	3	COMMON COUNCIL EXECUTIVE COMMITTEE	Return to Lead with the Following Recommendation(s)	Pass
2/25/2019	2	PLAN COMMISSION	Return to Lead with the Recommendation for Approval	Pass
2/25/2019	2	SUSTAINABLE MADISON COMMITTEE	Return to Lead with the Following Recommendation(s)	Pass
2/21/2019	2	EQUAL OPPORTUNITIES COMMISSION	Return to Lead with the Following Recommendation(s)	Pass
2/11/2019	2	FINANCE COMMITTEE	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
2/5/2019	1	FINANCE COMMITTEE	Refer
2/5/2019	1	FINANCE COMMITTEE	Refer
2/5/2019	1	FINANCE COMMITTEE	Refer
2/5/2019	1	FINANCE COMMITTEE	Refer
2/5/2019	1	COMMON COUNCIL	Referred
1/29/2019	1	Mayor's Office	Referred for Introduction

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 ...