Fiscal Note
Private Contract, No City Funds Required.
Title
Approving plans and specifications for public improvements required to serve Phase 6 of the Subdivision known as Cardinal Glenn and authorizing construction to be undertaken by the Developer, Private Contract No. 2310 and rescinding Resolution 12-00522, file ID 26749. (9th AD)
Body
WHEREAS, the developer, Veridian Homes MREC, LLC, has received the City of Madison's approval to create the subdivision known as Cardinal Glenn; and,
WHEREAS, the developer has received approval for this project under Resolution 12-00522, file ID 26749, 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 46-50, 57-62 as Phase 6.
WHEREAS, the developer has requested that the contracting entity name be changed to MREC VH Madison, LLC necessitating reapproval of the plans and specifications for public improvements required to serve Phase 6 of the Subdivision known as Cardinal Glenn.
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 Madison For Cardinal Glenn Phase 6, with MREC VH Madison, LLC, and a Release of the Declaration of Conditions, Covenants, and Restrictions on the lots for which public improvements are to be provided.
2. That the plans and specifications for the public improvem...
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