Fiscal Note
Private Contract, No City Funds Required.
Title
Approving plans and specifications for public improvements required to serve Phase I of the Subdivision known as University Research Park Pioneer and authorizing construction to be undertaken by the Developer, Private Contract No. 2283 and Rescinding Resolution RES-11-00660, File No. 23085. (9th AD)
Body
WHEREAS, on July 19, 2011, the developer, Department of Administration (Division of State Facilities) and the Board of Regents of the University of Wisconsin System on behalf of the State of Wisconsin, collectively and hereinafter the “Developer” had received approval for 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, has received the City of Madison's approval to create the subdivision known as University Research Park Pioneer; and,
WHEREAS, Section 16.23(9) of the Madison General Ordinances requires the developer to install the public improvements necessary to serve the subdivision; and
WHEREAS, Section 16.23(9) of the Madison General Ordinances allows the developer to install the improvements in construction phases provided that a Declaration of Conditions, Covenants, and Restrictions is executed for those lots included in future construction phases until such time as surety is provided to the City to guarantee the installation of the public improvements to serve said lots; and,
WHEREAS, the developer proposes to provide public improvements to serve Lots 1-5, 17, 18, 20-22 and OL 2 as Phase I.
WHEREAS, the Developer has subsequently requested that the contractual obligation of this contract be transferred to University Research Park, Incorporated; and
NOW, THEREFORE, BE IT RESOLVED:
1. That the Mayor and City Clerk are hereby authorized and directed to execute a Contract For the Construction of Public Improvements That Will be Accepted by the City of Madis...
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