Fiscal Note
No City funds required. Private contract.
Title
Accepting storm sewer improvements constructed by Private Contract In 1004-1032 S. Park Street, Private Contract No. 2438 (District 13).
Body
WHEREAS, Peloton Residences, LLC, has satisfactorily completed the installation of storm sewer improvements by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: 1004-1032 S. Park Street.
NOW, THEREFORE, BE IT RESOLVED
1. That said storm sewer improvements be and are hereby accepted.
2. 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” $2,497.63.