Fiscal Note
Est. cost not to exceed $25,000
Funds available in Acct. No. 14881-402-170: 54410 (96339)
Title
Approving Addendum No. 1 to 501 Charmany Drive, Contract No. 8166 (District 19)
Body
WHEREAS, on July 7, 2018, the developer, UNIVERSITY RESEARCH PARK, INCORPORATED, hereinafter the “Developer” had entered into a Contract For the Construction of Public Improvements that will be Accepted by the City of Madison hereinafter the “Contract” with the City of Madison, and;
WHEREAS, the Developer and the City have since mutually agreed to expand the scope of work to remove and replace the curb and gutter for the South Whitney Way left turn lane to Endeavor Lane
WHEREAS, City Engineering will pay $11,305.40 for the additional cost to remove and replace the curb and gutter for the South Whitney Way left turn lane to Endeavor Lane and will not charge staff time to redesign the South Whitney Way left turn lane curb and gutter.
NOW, THEREFORE, BE IT RESOLVE:
1. That the Mayor and City Clerk are hereby authorized and directed to execute Addendum No. 1 to 501 CHARMANY DRIVE, Contract No. 8166, with UNIVERSITY RESEARCH PARK, INCORPORATED.
2. That the revised plans and specifications for the public improvements necessary to serve this project 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.
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.