Fiscal Note
The proposed resolution approves the use of Safe Routes Grants funding for installation of new sidewalk on Lake Mendota Drive at an estimated cost of $35,476.72. The Safe Routes Grants Program pays 50% of a property owner’s sidewalk assessment where new sidewalk is installed on eligible projects. The 2022 Capital Budget for Engineering-Bicycle and Pedestrian has $100,000 in GO borrowing budgeted for the Safe Routes Grants program (MUNIS 11112).
MUNIS:
(35,476.72) 13576-403-200
35,476.72 13709-402-170
Title
Approving the use of Safe Routes Grants funding for the installation of new sidewalk on project #13709: Lake Mendota Drive and Capital Avenue Assessment District - 2022. (19th AD)
Body
The Common Council approved Plans, Specifications, and Schedule of Assessments for Lake Mendota Drive and Capital Avenue Assessment District - 2022 on May 24, 2022, File ID 71282, RES-22-00370. It has been determined that the project qualifies for Safe Routes Grants funding. Safe Routes Grants funding will be applied to all properties within the project limits with new sidewalk installation assessments and reduce the amount due for assessments by 50 percent for the installation of new sidewalk.
NOW, THEREFORE, BE IT RESOLVED that Safe Routes Grants funding for the installation of new sidewalk on project #13709: Lake Mendota Drive and Capital Avenue Assessment District - 2022 is hereby approved and that such funding will be applied to the Final Assessments for Schedule Of Assessments for Lake Mendota Drive and Capital Avenue Assessment District - 2022.