Fiscal Note
No City Funds required. Private contract.
Title
Accepting storm sewer and sidewalk improvements constructed by Private Contract for 3802 Kipp Street, Private Contract No. 9496 (District 16)
Body
WHEREAS, Advanced Building Corporation, has satisfactorily completed the installation of storm sewer and sidewalk improvements by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: 3802 Kipp Street.
NOW, THEREFORE, BE IT RESOLVED
1. That said storm sewer improvements 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” $2,887.76
2. That the sidewalk improvements on the following streets be and are hereby accepted:
• Marsh Road Sidewalk from Kipp Street to S of 3802 Kipp Street
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 15017 by $ 8,666.11 for a useful life of 40 years.