Fiscal Note
The proposed resolution approves plans documents for the Cottage Grove Road Reconstruction project anticipated to be constructed in 2020. Funding is anticipated to be included in the 2020 Engineering Major Streets Capital Budget.
Estimated project costs are as follows:
State/Federal Cost: $ 3,082,263.97
Local, Municipal Cost: $ 2,061,277.64
Breakdown of Local Costs
Dane County Cost: $ 950,000
City Cost: $1,026,616.73
Assessable Cost: $ 84,660.91
Project Component Breakdown:
Cottage Grove Rd Street Acct: 10168-402-170 $ 1,369,014.34
Cottage Grove Storm Acct: 10168-402-174 $ 455,954.18
Cottage Grove Signals Acct: 10168-402-176 $ 154,407.24
Cottage Grove Lighting Acct: 10168-402-177 $ 75,466.88
Cottage Grove Sanitary Acct: 10168-83-173 $ 6,435.00
Cottage Grove Water Acct: 10168-86-179 $ 1,702,020.10
Street Assessments - $ 73,628.47
Street Lighting Assessments - $11,032.44
Total Project Cost: $5,143,541.61
Total City Cost: $ 1,026,616.73
Title
Approving Plans, Specifications, And Schedule Of Assessments For Cottage Grove Road Reconstruction Assessment District - 2020. (3rd & 16th ADs)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of Cottage Grove Road Reconstruction Assessment District - 2020 pursuant to a resolution of the Common Council, RES-19-00526, ID No. 56571, adopted 7/16/2019, which resolution was adopted thereto, and the provisions of the Madison General Ordinances and the Wisconsin Statutes in such case made and provided, and the Common Council being fully advised.
BE IT RESOLVED:
1. That the City at large is justly chargeable with and shall pay the sum of $1,026,616.73 of the entire cost of said improvement.
2. That for those eligible property owners requesting construction of a rain garden in the public right-of-way adjacent to their property shall execute the necessary waiver of special assessments on forms provide...
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