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2024-22361 RESOLUTION NO. 2024-2236 A resolution conveying a utility easement to Alliant Energy on City-owned property at 625 S Randall Ave for purposes of installing an above-ground natural gas regulator station. WHEREAS, the Common Council of the City of Janesville supports Alliant’s reinvestment into their facilities across the community; and WHEREAS, Alliant Energy has agreed to compensate the City $5.00 per square foot for the easement area, which encompasses 25 feet by 25 feet for a total area of 625 square feet. This equates to a total compensation of $3,125.00; and WHEREAS, Alliant Energy will obtain a right-of-way permit from the City of Janesville for this work which outlines restoration conditions associated with all work located in the public right-of-way and the defined easements; and WHEREAS, the Plan Commission reviewed this easement at their meeting on the 17th day of June, 2024, finding it appropriate and consistent with City plans, but not commenting on the financial aspects; and WHEREAS, the Common Council hereby finds that this easement benefits Alliant Energy, who are members of our community; and NOW, THEREFORE, IT IS HEREBY RESOLVED, by the Common Council of the City of Janesville that: 1. Each of the above introductions and recitals are incorporated herein by reference as if fully set forth verbatim; and 2. The City Administration is authorized on behalf of the City of Janesville to negotiate and execute a utility easement with Alliant Energy as described in the attached document and set forth above; 3. The City of Janesville shall take any and all necessary actions to support Alliant’s infrastructure reinvestment; and 4. The City of Janesville will not be charged for any costs related to this easement or the actual work performed related to this easement; and BE IT FURTHER RESOLVED, by the Common Council of the City of Janesville that they hereby approve and authorize the City Administration to take actions necessary to grant a utility easement with $3,125.00 in compensation to the City of Janesville; and that no funds from sources other than those defined are expected to be used, reserved, allocated on a long-term basis, or otherwise set aside by the City for the project, except as permitted by the Internal Revenue Code of 1986, as amended. This declaration of 2 official intent is consistent with the budgetary and financial circumstances of the City. The purpose of this Resolution is to satisfy the “official intent requirement” of Treasury Regulation Section 1.150-2; and BE IT FURTHER RESOLVED, that the City Manager and his designee(s), on behalf of the City of Janesville, is/are hereby jointly and severally authorized and empowered to negotiate, draft, review, revise, modify, amend, execute, enter into, file and/or record additional applications, agreements, amendments, documents, reports, and letters of understanding concerning this matter, and to take whatever additional other actions that the City Manager may determine in his sole discretion, from time to time and at any time, necessary and/or desirable in the public interest to effectuate the intent of this Resolution. ADOPTED: July 22, 2024 APPROVED: Ryan McCue, Deputy City Manager ATTEST: Lorena Rae Stottler, City Clerk-Treasurer APPROVED AS TO FORM: __________________ City Attorney Proposed by: Engineering Division Prepared by: Engineering Division Motion by: Consent Second by: Consent Councilmember Aye Nay Pass Absent Marshick X Burdick X Jackson X Miller X Neeno X Squire X Williams X Ryan McCue (Jul 23, 2024 11:23 CDT) Ryan McCue 2024-2236 Easement Final Audit Report 2024-07-23 Created:2024-07-23 By:Carri Salus (salusc@ci.janesville.wi.us) Status:Signed Transaction ID:CBJCHBCAABAAx_ffRItzyz1XbmofiHxslTiT6X3qmTGI "2024-2236 Easement" History Document created by Carri Salus (salusc@ci.janesville.wi.us) 2024-07-23 - 3:43:34 PM GMT Document emailed to mccuer@ci.janesville.wi.us for signature 2024-07-23 - 3:43:59 PM GMT Email viewed by mccuer@ci.janesville.wi.us 2024-07-23 - 4:23:15 PM GMT Signer mccuer@ci.janesville.wi.us entered name at signing as Ryan McCue 2024-07-23 - 4:23:37 PM GMT Document e-signed by Ryan McCue (mccuer@ci.janesville.wi.us) Signature Date: 2024-07-23 - 4:23:39 PM GMT - Time Source: server Document emailed to Lorena Stottler (stottlerl@janesvillewi.gov) for signature 2024-07-23 - 4:23:40 PM GMT Email viewed by Lorena Stottler (stottlerl@janesvillewi.gov) 2024-07-23 - 5:28:49 PM GMT Document e-signed by Lorena Stottler (stottlerl@janesvillewi.gov) Signature Date: 2024-07-23 - 5:28:57 PM GMT - Time Source: server Agreement completed. 2024-07-23 - 5:28:57 PM GMT