Fiscal Note
The proposed resolution approves Addendum No. 1 to 4649 Verona Road, Contract No. 9231. The revised resolution was adopted via RES-23-00379 on May 16, 2023 (Legistar #77484) for an updated amount not to exceed $25,000 for the developer to undertake additional work on behalf of the Madison Sanitary Sewer Utility. The propsed amendment revises the scope of the work to remove construction of the temporary cul-de-sac on Atticus Way and replace it with the planned street corner from Atticus Way to Red Arrow Trail. There is no change to the estimated cost. Funding for the contract and proposed amendment is available in Munis #14142. No additional appropriation is required.
Title
Approving Addendum No. 1 to 4649 Verona Road, Contract No. 9231 (District 10)
Body
WHEREAS, on June 15, 2023, the developer, Summit Ridge Apartments, LLC, hereinafter the “Developer” had entered into a Contract For the Construction of Public Improvements that will be Accepted by the City of Madison hereinafter the “Contract” with the City of Madison, and;
WHEREAS, the Developer and the City have since mutually agreed to revise the scope of work to remove the construction of the temporary cul-de-sac on Atticus Way and replace it with the planned street corner to directly connect to the City’s future construction of Rolling Way from Atticus Way to Red Arrow Trail.
NOW, THEREFORE, BE IT RESOLVE:
1. That the Mayor and City Clerk are hereby authorized and directed to execute Addendum No. 1 to 4649 Verona Road, Contract No. 9231, with Summit Ridge Apartments, LLC.
2. That the revised plans and specifications for the public improvements necessary to serve this project are hereby approved.
3. That the developer is authorized to construct the public improvements in accordance with the terms of the Contract For the Construction of Public Improvements That Will be Accepted by the City of Madison at the sole cost of the developer.
4. That the Mayor and City Clerk are hereby authorized ...
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