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2024-2287 FILE RESOLUTION NO. 2024-2287 A RESOLUTION authorizing the installation of certain sidewalks on Kettering Street as defined by the Pedestrian Transportation Corridor Plan WHEREAS, the Common Council of the City of Janesville desires the installation of standard concrete sidewalks in front of the parcels of land described below where standard concrete sidewalks have not been constructed; and WHEREAS, the Common Council desires that the construction of these sidewalks be effectuated pursuant to the empowerment and according to the procedures set forth in Wisconsin Statute Section 66.0907; and WHEREAS, the City anticipates that monies, other than the proceeds of any outstanding debit of the City, will be expended by the City with respect to such capital improvements. The City reasonably expects to be reimbursed for such expenditures with proceeds of its debt. The maximum principal amount of debt expected to be issued for the reimbursement of such expenditures is $1,000,000. No funds from sources other than the debt referred to above are, or are expected to be, reserved, allocated on a long-term basis, or otherwise set aside by the City or any entity controlled by the City pursuant to its budget or financial policies with respect to the Projects. This is consistent with the budgetary and financial circumstances of the City. Copies of this Resolution shall be made available for public inspection in the manner required by law. This Resolution is a declaration of official intent under Treasury Regulation Section 1.103.18, as amended and renumbered from time to time; and WHEREAS, the expenses to be charged against abutting property owners may be: (a) paid in cash upon completion of the work; or (b) paid with the taxes the first year following completion of the work; or (c) at the election of the property owner, spread over a period of five (5) years with interest at five percent (4.25%) per annum on the unpaid balance. The first installment on the five-year plan shall include one-fifth of the principal with the interest for November and December on the unpaid portion and shall be so entered in the tax roll. Each of the subsequent installments shall be entered in each of the annual tax rolls thereafter until all are collected. Deferred payment on the aforementioned installments shall bear interest at five percent (4.25%) per annum. NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Janesville, that pursuant to Wisconsin Statute Section 66.0907, standard concrete sidewalks shall be constructed in front of all herein described parcels of property where standard concrete sidewalks have not been constructed as of June 1, 2025 along the following street(s): ITEM # SIDE STREET FROM TO 1 North Kettering Street Milton Avenue East Rotamer Road ADOPTED: December 9, 2024 APPROVED: Kevin M. Lahner, City Manager ATTEST: Lorena Rae Stottler, City Clerk-Treasurer APPROVED AS TO FORM: City Attorney Wald Klimczyk Proposed by: City Engineer Prepared by: Public Works Motion by: Williams Second by: Jackson Councilmember Aye Nay Pass Absent Burdick X Jackson X Marshick X Miller X Neeno X Squire X Williams X 2024-2287 Final Audit Report 2024-12-12 Created:2024-12-11 By:Carri Salus (salusc@ci.janesville.wi.us) Status:Signed Transaction ID:CBJCHBCAABAARHi8H9ve5zN7LwSk_Bo2DyIYSAq_THbQ "2024-2287" History Document created by Carri Salus (salusc@ci.janesville.wi.us) 2024-12-11 - 9:55:57 PM GMT Document emailed to Kevin Lahner (lahnerk@janesvillewi.gov) for signature 2024-12-11 - 9:56:00 PM GMT Email viewed by Kevin Lahner (lahnerk@janesvillewi.gov) 2024-12-11 - 10:06:29 PM GMT Document e-signed by Kevin Lahner (lahnerk@janesvillewi.gov) Signature Date: 2024-12-11 - 10:06:39 PM GMT - Time Source: server Document emailed to Lorena Stottler (stottlerl@janesvillewi.gov) for signature 2024-12-11 - 10:06:40 PM GMT Email viewed by Lorena Stottler (stottlerl@janesvillewi.gov) 2024-12-12 - 4:48:58 PM GMT Document e-signed by Lorena Stottler (stottlerl@janesvillewi.gov) Signature Date: 2024-12-12 - 4:49:12 PM GMT - Time Source: server Agreement completed. 2024-12-12 - 4:49:12 PM GMT