Fiscal Note
Private Contract, No City Funds Are Required.
Title
Accepting bituminous surface pavement constructed by Private Contract in Grandview Commons - Phase 17, Private Contract No. 2308.
Body
WHEREAS, MREC VH Madison, LLC has satisfactorily completed the installation bituminous surface pavement by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, for: Grandview Commons Phase 17.
NOW, THEREFORE, BE IT RESOLVED
That the bituminous surface street improvements on the following streets be and are hereby accepted:
• Seven Pines Avenue form Galileo Drive to the east plat line.
• Galileo Drive from the south line of Lot 185 (existing alley) to the north line of Lot 227 (existing street).
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 53B2308 by $20,357.03 for a useful life of 40 years.