Fiscal Note
The proposed resolution approves plans and specifications and authorizes the Board of Public Works to advertise and receive bids for the Madison Public Market. The total estimated cost of the project is $17,030,258 including contingency. Funding is available in MUNIS project 10069.
Cost Estimate
Construction* $13,538,302
City Staff Time $100,000
Equipment/Furnishing Replacement $ 3,339,743
Percent for Art $52,213
Total $17,030,258
*Construction Includes 8% contingency
Title
Approving plans and specifications and authorizing the Board of Public Works to advertise and receive bids for Madison Public Market. (12th AD)
Body
The Capital Budget includes funding for the Madison Public Market. The Project funds Building and Exterior Improvements required for the future Madison Public Market facility located at 202 N First St.
This resolution approves the plans and specifications for the project, authorizes the Board of Public Works to advertise for and receive bids for the project, authorizes execution of any lease or easement documents necessary to accomplish the project and authorizes the acquisition of materials and services required to successfully complete the project.
BE IT RESOLVED:
1. That the plans and specifications for the Madison Public Market are hereby approved.
2. That the Board of Public Works is hereby authorized to advertise for and receive bids for the Project.
3. That the City Engineer and Finance Director are hereby authorized to obtain all Furnishings, Fixtures, Equipment and Materials necessary for the Project in accordance with City Purchasing Policy.
4. That the Mayor and City Clerk are hereby authorized to execute easement and lease documents necessary for the Project in accordance with MGO Ordinances and City Policy, on a form and in a manner that has been approved by the City Attorney and Risk Manager.
5. That the City Engineer and Finance Director are hereby authorized to obtain and th...
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