Madison, WI Header
File #: 69806    Version: 1 Name: Approving plans and specifications for public improvements necessary for the project known as 619-621 N Lake Street and authorizing construction to be undertaken by the Developer, Private Contract No. 9133.
Type: Resolution Status: Passed
File created: 2/9/2022 In control: Engineering Division
On agenda: 3/1/2022 Final action: 3/1/2022
Enactment date: 3/4/2022 Enactment #: RES-22-00160
Title: Approving plans and specifications for public improvements necessary for the project known as 619-621 N Lake Street and authorizing construction to be undertaken by the Developer, Private Contract No. 9133. (2nd AD)
Sponsors: BOARD OF PUBLIC WORKS
Attachments: 1. 9133 exhibits.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsWatch
3/1/20221 COMMON COUNCIL Adopt Unanimously Under Suspension of Rules 2.04, 2.24, & 2.25Pass Action details Meeting details Not available
2/16/20221 BOARD OF PUBLIC WORKS RECOMMEND TO COUNCIL TO ADOPT UNDER SUSPENSION OF RULES 2.04, 2.05, 2.24, & 2.25 - REPORT OF OFFICERPass Action details Meeting details Not available
2/9/20221 Engineering Division Refer  Action details Meeting details Not available

Fiscal Note

The proposed resolution approves plans and specifications for public improvements necessary for the project known as 619-621 N Lake Street. Construction will be funded by the Developer. No appropriation is required.

Title

Approving plans and specifications for public improvements necessary for the project known as 619-621 N Lake Street and authorizing construction to be undertaken by the Developer, Private Contract No. 9133. (2nd AD)

Body

WHEREAS, the developer, Alchemy Condominiums, LLC, has received the City of Madison's conditional approval for a one-lot certified survey map, a demolition permit to raze two buildings, and conditional uses for an eight-story fraternity and apartment building at 619-621 N Lake 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.

 

 

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 619-621 N Lake Street, with Alchemy Condominiums, 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.