Fiscal Note
The proposed resolution authorizes the award of Public Works contract no. 9627 for South Madison demolitions and site restorations in the amount of $795,929. Sufficient budget authority is available in two capital projects:
CDA Redevelopment: South Madison Redevelopment (Munis 14431-91-140)
Economic Development Division: Land Banking 2025 (Munis 15223-63-110-014251)
Both projects are funded by TIF increment in TID 51. No additional City appropriation is required.
Title
Awarding Public Works Contract No. 9627, South Madison Demolitions and Site Restorations. (District 14)
Body
BE IT RESOLVED, that the following low bids for miscellaneous improvements be accepted and that the Mayor and City Clerk be and are hereby authorized and directed to enter into a contract with the low bidder contained herein, subject to the Contractor's compliance with Section 39.02 of the Madison General Ordinances concerning compliance with the Affirmative Action provisions and subject to the Contractor's compliance with Section 33.07 of the Madison General Ordinances regarding Best Value Contracting:
BE IT FURTHER RESOLVED, that the funds be encumbered to cover the cost of the projects contained herein.
See attached document (Contract No. 9627) for itemization of bids.