2014-1154 8 December 2014
Page 1 of 2
CITY OF JANESVILLE
2015 CENTER AVENUE SIDEWALK INSTALLATION
RESOLUTION NO. 2014 -1154
A RESOLUTION authorizing the installation of certain sidewalks.
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;
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 three percent (3.0 %) 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 three percent (3.0 %) 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 May 31, 2015 along the
following street(s):
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ITEM SIDE STREET FROM TO
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1 East Center Avenue Kellogg Avenue City Limits
ADOPTED: December 8, 2014 Motion by: Kealy
Second by: Liebert
APPROVED: Councilmember Aye Nay Pass Absent
' / J L Bobzien
Rte- ■'� Farrell X
Mark A. Freitag, City Manag Fitzgerald X
Kealy X
ATTEST: Liebert X
Marklein X
i �.. 1 4 4 Severson X
-an Ann Wulf, City Clerk -Treas er
APPROVED AS TO FORM:
Wald KlimczykrCity Attorney
Proposed by: Engineering Division
Prepared by: Engineering Division
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