Submitted By
Bill McKenna, Village Engineer
Reviewed By
CLP
Agenda Item Title
Title
Discussion Regarding the Redevelopment of Madison Street Public Infrastructure also known as the Madison Street Road Diet.
End
Overview
Overview
The Finance Committee of the Village Board reviewed the FY19 Recommended budget expenditures related to the Madison TIF Fund and the infrastructure improvements on Madison Street on Monday, October 22, 2018. That same presentation is scheduled as part of the Village Board's Special Meeting on October 29, 2018.
End
Anticipated Future Actions/Commitments
Recommendation
In November 2018 the Village Board will be asked to review and consider a construction contract for Madison Street Public Infrastructure Improvements also known as the Madison Street Road Diet.
Body
Report
The Madison Street TIF was adopted by the Village Board on February 6, 1995.
MADISON STREET ENHANCEMENT PLAN HISTORY:
In October 2010, the Village Board adopted a Resolution supporting the "Complete Streets" concept which recommends that a Village-wide policy be crafted. The Consultant has incorporated this concept into their streetscape recommendation for Madison Street. The complete streets concept is to provide equal opportunity to all modes of transportation which includes bicycling, vehicular, pedestrian, public transportation in order to reduce traffic congestion while improving air quality and in general quality of life.
On November 22, 2010, the Village Board approved a Resolution Authorizing the Execution of a Contract with Altamanu, Inc. to Prepare Streetscape Design Scenarios for Madison Street for Phase 1.
In December 2010, the Consultant began work on this project. In early December 2010 staff recommended, and the Board supported, a Committee that consisted of the Madison Street Coalition members as well as various staff for a total of seventeen (17) members. On the most part, this Committee met each month, sometimes twice a...
Click here for full text