Fiscal Note
The proposed resolution approves plans, specifications, and schedule of assessments for Resurfacing 2024 - Assessment District. The total estimated cost of the project is $3,591,017 comprised of $3,450,632 in City Costs and $140,385 in Assessments. Funding is available in Munis #14896, the 2024 Adopted Sewer Utility Operating Budget, and the 2024 Adopted Water Utility Operating Budget. No additional appropriation is required.
Title
Approving Plans, Specifications, And Schedule Of Assessments For Resurfacing 2024 - Assessment District. (District 5, District 7, District 11, and District 20)
Body
The Board of Public Works and the City Engineer having made reports of all proceedings in relation to the improvement of Resurfacing 2024 - Assessment District pursuant to a resolution of the Common Council, RES-23-00685, ID No. 80349, adopted 11/07/2023, 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 $3,450,632.00 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 with the reports as finally approved.
6. That such work or improvement represents an exercise of the police power of the City of Madison.
7. That the plans & specifications and schedule of assessments in the Report of the Board of Public Works...
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