Fiscal Note
The proposed resolution approves plan documents and the schedule of assessments for the South Livingston Street Reconstruction Assessment District at a total estimated cost of $250,000. The City will pay $185,000 of the total project cost of $250,000. The 2020 Adopted Capital Budget for Engineering - Major Streets authorizes $17.79m via the Reconstruction Streets capital program (MUNIS Project 10226), including $200,000 for South Livingston Street reconstruction.
Cost estimate: $250,000
Assessable cost: $65,000
City Cost: $185,000
Funds are available in MUNIS Accounts:
Street (12695-402-170): $235,000
Street Storm (12695-402-174): $15,000
Title
Approving Plans, Specifications, And Schedule Of Assessments For South Livingston Street Reconstruction Assessment District - 2020. (6th AD)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of South Livingston Street Reconstruction Assessment District - 2020 pursuant to a resolution of the Common Council, RES-19-00772, ID 57977, adopted 11/19/2019, 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 $185,000.00 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 provided by the City Engineer;
3. That the sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
4. That the Common Council determines such special assessments to be reasonable.
5. That the work or improvement be carried out in accordance wi...
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