Fiscal Note
No City Funds required. Private contract.
Title
Accepting sanitary sewer, storm sewer, and sidewalk improvements constructed by Private Contract In 686 Grand Canyon Drive, Private Contract No. 9148 (District 19).
Body
WHEREAS, 680 Canyons LLC, has satisfactorily completed the installation of sanitary sewer, storm sewer, and sidewalk improvements by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: 686 Grand Canyon Drive.
NOW, THEREFORE, BE IT RESOLVED
1. That said sanitary sewer, storm sewer, and sidewalk improvements 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) $ 7,616.00
B) Contributions in Aid of Construction:
a) Public Sewer Components $ 7,616.00
b) Sewer Laterals $ ____-0-
C) Investments in Capital (MSU Share) $ ____-0-
D) Total Plant Value $ 7,616.00
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” $258,210.96.
4. That the sidewalk improvements on the following streets be and are hereby accepted:
• Grand Canyon Drive from W Platte Drive to E of 686 Grand Canyon Drive
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 14937 by $19,023.20 for a useful life of 40 years.