Fiscal Note
No City Funds required. Private contract.
Title
Accepting modifications to existing pond constructed by Private Contract for Grandview Commons Phase 25, Contract No. 8134 (District 3)
Body
WHEREAS, MREC VH Madison, LLC, has satisfactorily completed the modifications to the existing pond by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: Grandview Commons Phase 25.
NOW, THEREFORE, BE IT RESOLVED
1. That said stormwater management modifications be and are hereby accepted.
2. That said stormwater management modifications are hereby assigned to the Madison Storm Water Utility for ownership and maintenance and that the attached Schedule "A" representing the actual cost of construction of these improvements shall be reflected in the Madison Storm Water Utility's "Utility Plant In Service".
Increase in Total Plant Value per Schedule “A” $101,048.27.