Fiscal Note
This resolution amends the Adopted 2020 Capital Budget for Engineering-Major Streets by $150,000 for permanent limited and temporary limited easement acquisitions for new street and intersection improvements required for the Pope Farm Estates project (MUNIS 12598). Real estate acquisition costs are estimated at $150,000 for this project and the proposed amendment will provide for that acquisition. The funding source for these funds will be developer capital funding. The City of Madison is to be reimbursed by the developer for all costs associated with this acquisition as set forth in Contract No. 8392.
MUNIS:
The Budget Amendment needed is as follows:
$150,000 12598-402-160
($150,000) 12598-402-805
Title
Amending the 2020 Capital Budget of Engineering-Major Streets and Determining a Public Purpose and Necessity and adopting a Relocation Order for the acquisition of land interests required for the construction and maintenance of improvements for a public street. Being part of NE ¼ of the SE ¼ of Section 17, T 7 N, R 8 E, in the City of Madison. (9th AD)
Body
PREAMBLE
WHEREAS, the Middleton-Cross Plains Area School District (“Developer”) submitted on December 19th, 2018 to the City of Madison Planning Unit, a preliminary plat and final plat of Pope Farms Estates for approval by the Madison Common Council of a property addressed as 10202 Old Sauk Road, City of Madison, Dane County, Wisconsin; and,
WHEREAS, the City of Madison Common Council adopted Resolution Number RES-19-00156, File No. 54204, on February 26, 2019, conditionally approving the preliminary plat and final plat of Pope Farm Estates; and,
WHEREAS, the plat of Pope Farm Estates was subsequently recorded upon the satisfaction of the conditions of approval on the 13th of June, 2019 in Volume 61-014B of Plats on pages 84 - 85, as Document Number 5495625, Dane County Register of Deeds; and
WHEREAS, conditions of for the approval for the preliminary and final plat of Pope Farm Estates req...
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