Fiscal Note
PRIVATE CONTRACT, NO CITY FUNDS REQUIRED
Title
Accepting curb and gutter, sidewalk, and other public infrastructure improvements constructed by private contract for 2355 University Avenue PUD, Private Contract No. 1893.
Body
WHEREAS, Old University Place, LLC, has satisfactorily completed the installation of curb and gutter, sidewalk and other public infrastructure improvements on University Avenue, Walnut Street and Chestnut Street adjacent to the PUD located at 2355 University Avenue.
NOW, THEREFORE, BE IT RESOLVED, that said improvements be and are hereby accepted.
BE IT FURTHER RESOLVED, that the one-year guarantee on said improvements shall have commenced on October 7, 2004.
Increase in street infrastructure value for Project No. 53B1893 $30,448.55 useful life of 40 years.