Fiscal Note
Private Contract, No City Funds Are Required.
Title
Accepting street and terrace improvements constructed by Private Contract for 434-450 W. Johnson Street PUD, Private Contract No. 2150.
Body
WHEREAS, Bassett Johnson, LLC, has satisfactorily completed the installation of storm sewer, street and terrace restoration by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: 434-450 W. Johnson Street PUD.
NOW, THEREFORE, BE IT RESOLVED
1. 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" $1,375.00
2. That said street and terrace improvements adjacent to 434-450 W. Johnson Street PUD are hereby accepted.