Fiscal Note
No City funds required. Private contract.
Title
Accepting public stormwater management improvements constructed by Private Contract for North Addition to Grandview Commons Phase 5, Private Contract No. 8136 (District 3)
Body
WHEREAS, MREC VH GRANDVIEW COMMONS, LLC, has satisfactorily completed the installation of stormwater management improvements by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: North Addition to Grandview Commons Phase 5
NOW, THEREFORE, BE IT RESOLVED
1. That said stormwater management improvements in OL 43, 45, and 47 be and are hereby accepted.
2. That said stormwater management 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” $250,862.24.