2015-1248 RESOLUTION NO. 2015 -1248
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 Tong -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, 2016 along the following
street(s):
ITEM # SIDE STREET FROM TO
1 East S. Osborne Avenue W. Conde Street King Street
2 East S. Osborne Avenue King Street Kellogg Avenue
3 West S. Terrace Street W. Burbank Avenue Approx. 135' South
4 East S. Terrace Street W. Burbank Avenue Approx. 135' South
5 West Deerfield Drive 3005 Deerfield Drive 3005 Deerfield Drive
ADOPTED: November 23, 2015 Motion by: Farrell
Second by: Tidwell
ell
a APPROVED: Councilmember Aye Nay Pass Absent
#/(A-' Deupree X
X
Ma Bobzien
eitag, City Manag Farrell X
Gruber X
ATTES ./ Liebert X
Marklein X
• 10: , Tidwell X
id T. Godek, City Clerk- Treasurer
APPROVED AS TO FORM:
Wald Klimczyk, City Attorney
Proposed by: Engineering
Prepared by: Engineering