Fiscal Note
No City Funds required. Private Contract.
Title
Accepting sanitary sewer, storm sewer, and street improvements (excluding bituminous surface pavement) constructed by Private Contract In Village at Autumn Lake - Phase 10, Private Contract No. 8489 (District 17).
Body
WHEREAS, VAL LLC, has satisfactorily completed the installation of sanitary sewer, storm sewer, and street improvements (excluding bituminous surface pavement) by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: Village at Autumn Lake - Phase 10.
NOW, THEREFORE, BE IT RESOLVED, that
1. That said sanitary sewer, storm sewer, and street improvements (excluding bituminous surface pavement) 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) $ 136,098.62
B) Contributions in Aid of Construction:
a) Public Sewer Components $ 136,098.62
b) Sewer Laterals $ ____-0-
C) Investments in Capital (MSU Share) $ ____-0-
D) Total Plant Value $ 136,098.62
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” $587,083.85
4. That the street improvements, excluding the bituminous pavement, on the following streets be and are hereby accepted:
• Golden Dusk Parkway from City View Drive to Maddy Pass.
• Golden Dusk Parkway from Maddy Pass to Maddy Pass.
• Maddy Pass from Golden Dusk Parkway to Golden Dusk Parkway.
• Golden Dusk Parkway from Maddy Pass to Waters Edge Trail.
• Golden Dusk Parkway from Waters Edge Trail to Autumn Lake Parkway.
• Waters Edge Trail from Golden Dusk Parkway to 266 FT N of Golden Dusk Parkway.
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 12714 by $ 182,533.19 for a useful life of 40 years.