Fiscal Note
No fiscal or budgetary impact.
Title
SUBSTITUTE Amending Resolution 18619 to revise the Assignment and Agreement between the City of Madison and Madison Metropolitan Sewerage District, and acceptance of a Quit Claim Deed from Madison Metropolitan Sewerage District to the City of Madison for all rights and title to a continuous portion of the Southwest Interceptor, at no cost to the City of Madison.
Body
WHEREAS, Resolution 18619 authorized the execution of an Assignment and Agreement between the City of Madison and Madison Metropolitan Sewerage District (“MMSD”), for a sewer interceptor line located along and near Lake Wingra, the Southwest Bike Path corridor, Odana Golf Course and Orchard Ridge Valley Park, a.k.a., the Southwest Interceptor (the “SWI”); and
WHEREAS, the City of Madison Engineering Division and MMSD have revised the amount of sewer interceptor line that is to be part of the Assignment and Agreement; and
WHEREAS, MMSD and the City have agreed to convey only that portion of the SWI that is located along and near the Odana Golf Course and Orchard Ridge Valley Park as shown on Exhibit B, at no cost to the City; and
WHEREAS, the City and MMSD have negotiated the terms and conditions of an Assignment and Agreement whereby the City will accept the ownership of a portion of the SWI by way of a Quit Claim Deed; and
WHEREAS, the City Engineering Division and City Attorney have reviewed the MMSD Assignment and Agreement, and approve of the terms and conditions; and
NOW, THEREFORE, BE IT RESOLVED that Common Council of the City of Madison (the “City”) authorizes the execution of the Southwest Interceptor Assignment and Agreement (the “Agreement”) between the City and Madison Metropolitan Sewerage District (“MMSD”), and acceptance of a Quit Claim Deed from MMSD for the all rights and interests of a portion of the Southwest Interceptor (the “SWI), more particularly described on attached Exhibit A and depicted on attached Exhibit B; subject...
Click here for full text