Fiscal Note
Private Contract, No City Funds Required.
Title
Approving plans and specifications for storm water management improvements required to serve the Subdivision known as Village at Autumn Lake and authorizing construction to be undertaken by the Developer, Private Contract No. 7606. (17th AD)
Body
WHEREAS, the developer, VAL, LLC, has received the City of Madison's approval to create the subdivision known as Village at Autumn Lake; and,
WHEREAS, Section 16.23(9) of the Madison General Ordinances requires the developer to construct storm water management improvements necessary to serve the subdivision; 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 Madison For Village at Autumn Lake, Storm Water Management, with VAL, LLC.
2. That the plans and specifications for the storm water management improvements necessary to serve this subdivision are hereby approved.
3. That the developer is authorized to construct the storm water management improvements in accordance with the terms of the 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
4. 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.
5. The Common Council is approved to accept ownership of the improvements in the Maintenance Area if a maintenance agreement is executed and recorded as a condition of this contract.