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2015-1197 11 May 2015 Page 1 of 2 CITY OF JANESVILLE 2015 SIDEWALK ASSESSMENTS PRELIMINARY RESOLUTION NO. 2015 -1197 A RESOLUTION authorizing the installation of certain sidewalks 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 in Quail Ridge 3rd addition; and WHEREAS, item #1 of the resolution pertains to sidewalk replacement related to a DOT construction project on Main Street which includes complete streetscaping improvements in 2015 which includes all new concrete terraces. Abutting property owners will be charged for the replacement of five feet of sidewalk as part of the project without the ability to hire private contractors independent from the DOT project. 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 debt 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 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; and j: \agenda review \approved agenda items\2015 \05- 11- 15\nb3 - prelimresolution2015- 1197sidewalk.doc 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 in Quail Ridge 3 addition as of June 11, 2015 along the following street(s): ITEM SIDE STREET FROM TO 1 Both Main Street E Centerway St Lawrence Avenue Both Quail-Ridge-Drive Gevey-DfiVe 3 Beth Covey -Drive Quail-Ridge -Drive 175' W of Partridge Lane 4 Beth Partridge -Lane Covey -Drive 130' S of Covey Drive ADOPTED: May 11, 2015 Motion by: Gruber Second by: Tidwell APPROV D: Councilmember Aye Nay Pass Absent a Bobzien X (���{{{ Deupree X Mark A. Fr itag, City Manager Farrell X Gruber X ATTE / Liebert X ��, Marklein X i — • ' . Tidwell _ X David Godek, Deputy City Clerk- Treasurer APPROVED AS TO FORM: edteseW Wald Klimczyk, City Attorney Proposed by: Public Works Prepared by: Public Works j: \agenda review \approved agenda items\2015 \05- 11- 15\nb3 - prelimresolution2015- 1197sidewalk.doc