Fiscal Note
No City Funds required. Private contract.
Title
Accepting sanitary sewer, storm sewer, and street improvements including bituminous surface pavement) constructed by Private Contract In North Addition to Grandview Commons Phase 10, Private Contract No. 9094 (District 3).
Body
WHEREAS, MREC VH Grandview Commons LLC, 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: North Addition to Grandview Commons Phase 10.
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) $ 52,634.64
B) Contributions in Aid of Construction:
a) Public Sewer Components $ 52,634.64
b) Sewer Laterals $ ____-0-
C) Investments in Capital (MSU Share) $ ____-0-
D) Total Plant Value $ 52,634.64
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” $32,101.57.
4. That the street improvements, including the bituminous pavement, on the following streets be and are hereby accepted:
• Saturn Drive from East Property Line of Lot 985 to Orion Trail
• Saturn Drive from Orion Trail to Hercules Trail
• Hercules Trail from Saturn Drive to Southern Property Line of Lot 959
• Orion Trail from Saturn Drive to Southern Property Line of Lot 979
• Hercules Trail Cul-De-Sac from Hercules Trail to 93 FT N of Hercules Trail
• Saturn Drive Cul-De-Sac from 93 FT N of Hercules Trail to Saturn Drive
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 13854 by $169,490.58 for a useful life of 40 years.