Fiscal Note
Private Contract. No appropriation required.
Title
Accepting sanitary sewer, storm sewer, and street improvements (excluding bituminous surface pavement) constructed by Private Contract in North Addition to Grandview Commons - Phase 5, Private Contract No. 8136 (3rd AD)
Body
WHEREAS, MREC VH Grandview Commons, 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: North Addition to Grandview Commons - Phase 5.
NOW, THEREFORE, BE IT RESOLVED
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) $ 87,438.18
B) Contributions in Aid of Construction:
a) Public Sewer Components $ 87,438.18
b) Sewer Laterals $ -0-
C) Investments in Capital (MSU Share) $ -0-
D) Total Plant Value $ 87,438.18
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” $154,186.67.
4. That the street improvements, excluding the bituminous pavement, on the following streets be and are hereby accepted:
• Carter Moon Pass from West Plat Line to Hercules Trail
• Carter Moon Pass from Hercules Trail to Orion Trail
• Carter Moon Pass from Orion Trail to Milky Way
• Hercules Trail from South Line of Lot 972 to Carter Moon Pass
• Hercules Trail from Carter Moon Pass to North Lot Line of Lot 948
• Orion Trail from South Lot Line of Lot 973 to Carter Moon Pass
• Orion Trail from Carter Moon Pass to North Lot Line of Lot 967
• Milky Way from South Lot Line of Lot 975 to Carter Moon Pass
• Milky Way from Carter Moon Pass to North Lot Line of Lot 991
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 11910 $267,213.86 for a useful life of 40 years