Fiscal Note
Funds were previously approved by the Common Council on March 31 2020, RES-20-00235, File ID 59670. No additional City funds required.
Title
Approving Schedule Of Assessments For Felland Road Water Main Assessment District - 2020 (3rd & 17th AD)
Body
Plans and specifications for Felland Road Water Main Extension Phase 1 were previously approved by the Common Council on March 31 2020, RES-20-00235, File ID # 59670.
The Board of Public Works and the Madison Water Utility Chief Engineer and Assistant General Manager having made reports of all proceedings in relation to the improvement of Felland Road Water Main Assessment District - 2020 pursuant to a resolution of the Common Council, RES-20-00562, ID No.61273, adopted August 4 2020 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 sum assigned to each separate parcel, as indicated on the attached schedule of assessment, is hereby specially assessed upon each such parcel.
2. That the Common Council determines such special assessments to be reasonable.
3. That the work or improvement be carried out in accordance with the reports as finally approved.
4. That such work or improvement represents an exercise of the police power of the City of Madison.
5. That the due date by which all such special assessments shall be paid in full is October 31st of the year in which it is billed, or,
6. That such special assessments shall be collected in eight (8) equal installments, with interest thereon at 3.0 percent per annum, except those special assessments paid in full on or before October 31st of that year.
7. Under the terms of the City’s Cooperative Plan with Burke, benefitted properties located in Burke shall have assessments deferred until attachment to the City, which, by the terms of the Plan, could be as late as 2036. The City does not collect interest during the deferral period, rather the amount due is indexed to the Consumer Cost Index. Burke property owners requesting water service before 2036 would be required to enter into deferred attachment agreement. Under the agreement, they would agree to pay the assessment fee within eight (8) years, at which point they would automatically attach to the City.
INSTALLMENT ASSESSMENT NOTICE
Notice is hereby given that a contract has been let for Felland Road Water Main Extension Phase 1 and that the amount of the special assessment therefore has been determined as to each parcel of real estate affected thereby and a statement of the same is on file with the City Clerk; it is proposed to collect the same in eight (8) installments, as provided for by Section 66.0715 of the Wisconsin Statutes, with interest thereon at 3.0 percent per annum; that all assessments will be collected in installments as above provided except such assessments on property where the owner of the same has paid the assessment to the City Treasurer on or before the next succeeding November 1st.
NOTICE OF APPEAL RIGHTS
"Pursuant to Sec.4.09(14), Madison General Ordinances, as authorized by Sec. 66.0701(2), Wisconsin Statutes, any person against whose land a special assessment has been levied by this resolution has the right to appeal therefrom in the manner prescribed in Sec. 66.0703(12), Wisconsin Statutes, within forty (40) days of the day of the final determination of the Common Council, said date being the date of adoption of this resolution."