Fiscal Note
Private Contract, No City Funds Are Required.
Title
Accepting sanitary sewer, storm sewer, and street improvements (including bituminous surface pavement) constructed by Private Contract In Grimm St Relocation, 2502 Anderson Street CSM, Private Contract No. 2282.
Body
WHEREAS, the Secretary of Transportation as an agent for Dane County, Wisconsin, has satisfactorily completed the installation of sanitary sewer, storm sewer, and street improvements (including bituminous surface pavement) by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: Grimm St Relocation, 2502 Anderson Street CSM.
NOW, THEREFORE, BE IT RESOLVED
1. That said sanitary sewer, storm sewer, and street improvements (including 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) $ 58,801.22
B) Contributions in Aid of Construction:
a) Public Sewer Components $ 58,801.22
b) Sewer Laterals $ -0-
C) Investments in Capital (MSU Share) $ -0-
D) Total Plant Value $ 58,801.22
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" $232,664.78.
4. That the street improvements, including the bituminous pavement, on the following streets be and are hereby accepted:
· Anderson Street from 340ft north of Grimm Street to 895 ft south of Grimm Street (sidewalk on north side only)
· Grimm Street from Anderson Street to the northern cul de sac
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 53B2282 $ 261,851.47 for a useful life of 40 years.