City of Madison - File #: 43438

• File #: 43438
• Version: 1
• Name: Approving plans and specifications for public improvements necessary for the project known as 22 Slate - 5401 Tancho Drive and authorizing construction to be undertaken by the Developer, and Rescinding File Number 42676. Private Contract No. 7694.
• Type: Resolution
• Status: Passed
• File created: 6/20/2016
• In control: BOARD OF PUBLIC WORKS
• On agenda: 7/5/2016
• Final action: 7/5/2016
• Enactment date: 7/6/2016
• Enactment #: RES-16-00525
• Title: Approving plans and specifications for public improvements necessary for the project known as 22 Slate - 5401 Tancho Drive and authorizing construction to be undertaken by the Developer, and Rescinding File Number 42676. Private Contract No. 7694. (17th AD)
• Sponsors: BOARD OF PUBLIC WORKS

Date	Ver.	Action By	Action	Result
7/5/2016	1	COMMON COUNCIL	Adopt Under Suspension of Rules 2.04, 2.05, 2.24, and 2.25	Pass
6/22/2016	1	BOARD OF PUBLIC WORKS	RECOMMEND TO COUNCIL TO ADOPT UNDER SUSPENSION OF RULES 2.04, 2.05, 2.24, & 2.25 - REPORT OF OFFICER
6/20/2016	1	Engineering Division	Refer

Fiscal Note
Private Contract, No City Funds Required
Title
Approving plans and specifications for public improvements necessary for the project known as 22 Slate - 5401 Tancho Drive and authorizing construction to be undertaken by the Developer, and Rescinding File Number 42676. Private Contract No. 7694. (17th AD)
Body
WHEREAS, the developer, Fiduciary Real Estate Development, Inc., has received the City of Madison's conditional approval of a Certified Survey Map to create two lots and for the development of 264 apartments in seven (7) buildings and a clubhouse, and,

WHEREAS, Section 16.23(9) of the Madison General Ordinances requires the developer to install the public improvements necessary to serve the development.

WHEREAS, the developer received approval of the project on May 19, 2016 by Resolution RES-16-00378 File Number 42676.

WHERAS, the developer has requested that the entity name be changed to Barrington IV Apartments, LLC c/o Fiduciary Real Estate Development, Inc.

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 22 Slate - 5401 Tancho Drive, with Barrington IV Apartments, LLC c/o Fiduciary Real Estate Development, Inc.

2. That the plans and specifications for the public improvements necessary to serve the development 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, except as follows: NONE

4. That the Mayor and City Clerk are hereby authorized to sign and grant easements or right-of-way release or procurement documents, maintenance agreements or encroachment agreements, as necessary and grant or accept dedication of lands and/or easements from/to the Developer/O...