Fiscal Note
Private contract. No City funds required.
Title
Approving plans and specifications for public improvements necessary for the project known as 3040-3046 Commercial Ave. Future Phase and authorizing construction to be undertaken by the Developer, Private Contract No. 8979. (12th AD)
Body
WHEREAS, the developer, Urban Flats, LLC, has received the City of Madison's conditional approval for the demolition of a single-family residence and construction of three eight-unit apartment buildings, and an amenity building at 3040-3046 Commercial Avenue, and,
WHEREAS, Section 16.23(9) of the Madison General Ordinances and the conditions of approval require the developer to install the public improvements necessary to serve the rezoning.
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 3040-3046 Commercial Ave. Future Phase, with Urban Flats, LLC.
2. That the developer is authorized to construct the public improvements in accordance with the terms of the Future Phase 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: NONE
3. 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.