Fiscal Note
The proposed resolution approves the addendum to the development contract for an expanded project scope. The cost of the addendum may result in an amount not to exceed $5,000, which can be provided by the City via sufficient authorized funding within the Engineering Major Streets Rural to Urban capital program as adopted in the 2017 capital budget.
MUNIS:
11136-402-170: 54410 (96339)
Title
Approving Addendum No. 1 to 2504 Winnebago Street - Buildings 4 and 5 of Union Corners, Contract No. 2422. (6th AD)
Body
WHEREAS, on April 4, 2016, the developer, Union Corners Apartments, LLC, 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 for the project to install pavement markings on Winnebago Street for approximately 100’ west and 100’ east outside of the project limits.
NOW, THEREFORE, BE IT RESOLVE:
1. That the Mayor and City Clerk are hereby authorized and directed to execute Addendum No. 1 to 2504 Winnebago Street - Buildings 4 and 5 of Union Corners, Contract No. 2422, with Union Corners Apartments, LLC.
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, except as follows: Reimbursement not to exceed the statutory limit for the cost of pavement markings on Winnebago Street that benefit the City, in accordance with Section 16.23(9)(d)(6)(d).
4. That the Mayor and City Clerk are hereby authorized to sign and grant easements or right-of-way release or procurement documents, maintenance agreem...
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