Fiscal Note
No City Funds required. Private Contract.
Title
Accepting sanitary sewer, storm sewer, and street improvements (sidewalk) constructed by Private Contract In Tennyson Ridge Apartments, Private Contract No. 2376 (District 12)
Body
WHEREAS, Tennyson Ridge, LLC, has satisfactorily completed the installation of sanitary sewer, storm sewer, and street improvements (sidewalk) by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: Tennyson Ridge Apartments.
NOW, THEREFORE, BE IT RESOLVED
1. That said sanitary sewer, storm sewer, and street improvements (sidewalk) be and are hereby accepted.
2. That said sanitary sewer improvements are hereby assigned to the Madison Sewer Utility for ownership and maintenance and that the attached Schedule "A" representing the actual cost of construction of these improvements shall be reflected in the Madison Sewer Utility's "Utility Plant In Service".
SANITARY SEWER ACCOUNTING DATA
A) Total Contract Value (including Engineering
and Miscellaneous Costs) $ 49,280.00
B) Contributions in Aid of Construction:
a) Public Sewer Components $ 49,280.00
b) Sewer Laterals $ ____-0-
C) Investments in Capital (MSU Share) $ ____-0-
D) Total Plant Value $ 49,280.00
3. That said storm sewer improvements are hereby assigned to the Madison Storm Water Utility for ownership and maintenance and that the attached Schedule "A" representing the actual cost of construction of these improvements shall be reflected in the Madison Storm Water Utility's "Utility Plant In Service".
Increase in Total Plant Value per Schedule “A” $43,120.00
4. That the street improvements, sidewalk, on the following streets be and are hereby accepted:
• Whitman Lane Sidewalk from Tennyson Lane to 609’ N of Tennyson Lane.
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 11177 by $ 2,741.76 for a useful life of 40 years.