Fiscal Note
Est. cost not to exceed $25,000
Funds available in Acct. No. 10619-402-170: 54410 (96339)
Title
Approving plans and specifications for public improvements required to serve Phase 2 of the Subdivision known as Hawks Valley and authorizing construction to be undertaken by the Developer, and Rescinding Resolution RES-15-00626, File Number 39080; Private Contract No. 2401. (1st AD)
Body
WHEREAS, the developer, Water Mark JT, LLC, has received the City of Madison's approval to create the subdivision known as Hawks Valley; and,
WHEREAS, Section 16.23(9) of the Madison General Ordinances requires the developer to install the public improvements necessary to serve the subdivision; and,
WHEREAS, Section 16.23(9) of the Madison General Ordinances allows the developer to install the improvements in construction phases provided that a Declaration of Conditions, Covenants, and Restrictions is executed for those lots included in future construction phases until such time as surety is provided to the City to guarantee the installation of the public improvements to serve said lots; and,
WHEREAS, the developer received approval for the project on May 5, 2015 by Resolution RES-15-00422, File Number 38092; and,
WHEREAS, the developer had requested that the entity name be changed to Woods Road Investments, Inc.; and,
WHEREAS, the developer received re-approval of the project on July 22, 2015 by Resolution RES-15-00626, File Number 39080; and,
WHEREAS, Lot 42 was neglected to be included in Resolution RES-15-00626, File Number 39080; and,
WHEREAS, the developer proposes to provide public improvements to serve Lot 32-42, and 68-69.
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 Hawks Valley, Phase 2, with Woods Road Investments, Inc. and a Release of the Declaration of Conditions, Covenant...
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