Fiscal Note
Private project. No City funds required.
Title
Approving plans and specifications for public improvements necessary for the project known as Kipp Street CSM and authorizing construction to be undertaken by the Developer, and Rescinding Resolution RES-20-00513, File Number 61186. Private Contract No. 8933. (16th AD)
Body
WHEREAS, the developer, QRS Company LLC, has received the City of Madison's conditional approval for a Certified Survey Map of property generally addressed as 4015-4057 Kipp Street, and,
WHEREAS, Section 16.23(9) of the Madison General Ordinances and the conditions of approval require the developer to install the public improvements necessary to serve the rezoning.
WHEREAS, the developer received approval for the project on July 27, 2020 by Resolution RES-20-00513, File No. 61186; and,
WHEREAS, the developer has received the City of Madison's conditional approval to create the subdivision known as Replat of Tradesmen Commerce Park, creating four lots for industrial development, recreating an outlot for public stormwater management, and creating one outlot for private stormwater management, and requested it replace the Certified Survey Map project approved on July 27, 2020 by Resolution RES-20-00513, File No. 61186; and,
WHEREAS, the developer has requested the contract title change from Kipp Street CSM to Replat of Tradesmen Commerce Park; and,
WHEREAS, the developer proposes to provide public improvements to serve Lots 1-4 of Replat of Tradesmen Commerce Park.
NOW, THEREFORE, BE IT RESOLVED:
1. That the Mayor and City Clerk are hereby authorized and directed to execute a Contract For the Construction of Public Improvements that will be accepted by the City of Madison For Replat of Tradesmen Commerce Park, with QRS Company LLC.
2. That the plans and specifications for the public improvements necessary to serve the development are hereby approved.
3. That the developer is authorized to construct the public improvements in accordance with the terms of the Contract For the Construction of Public Improvements That Will be Accepted by the City of Madison at the sole cost of the developer, except as follows: NONE
4. That the Mayor and City Clerk are hereby authorized to sign and grant easements or right-of-way release or procurement documents, maintenance agreements or encroachment agreements, as necessary and grant or accept dedication of lands and/or easements from/to the Developer/Owner for public improvements located outside of existing public fee title or easement right-of-ways.
5. The Common Council is approved to accept ownership of the improvements in the Maintenance Area if a maintenance agreement is executed and recorded as a condition of this contract.
6. The developer shall be permitted to assign this contract for the purposes of obtaining financing in a form to be approved by the City Attorney.
7. That Resolution RES-20-00513, File Number 66186 is hereby rescinded.