Fiscal Note
Private contract. No City funds required.
Title
Approving plans and specifications for public improvements required to serve Public Improvements Phase 3 of the Subdivision known as Madison Yards at Hill Harms to be undertaken by the Developer and Rescinding Resolution RES-21-00545, Private Contract No. 9049. (11th AD)
Body
WHEREAS, the developer, Madison Yard Bock 1, LLC, has received the City of Madison's approval to create the subdivision known as Madison Yards at Hill Farms and conditional approval of a Planned Development-Specific Implementation Plan (PD(SIP)) to construct a seven-story, 165,000 square-foot office/retail building, two-story, 17,000 square-foot retail building, a five-story 78-unit apartment building, and structured parking on Block/Lot 1 at Madison Yards at Hill Farms at 4702 Sheboygan Avenue; 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 the public improvements to serve the plat and development within Block 1/Lot 1 as Public Improvements Phase 3; and,
WHEREAS, the Mayor and City Clerk were authorized and directed to execute a Contract For the Construction of Public Improvements That Will be Accepted by the City of Madison For Madison Yards at Hill Farms - Public Improvements Phase 3, with Madison Yard Block 1, LLC on August 6, 2021 by Resolution RES-21-00545, File No. 66482; and,
WHEREAS, the approvals on August 6, 2021 by Resolution RES-21-00545, File No. 66482 did n...
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