Fiscal Note
The proposed resolution accepts bituminous surface pavement constructed by private contract in Grandview Commons North - Phase 3. No appropriation is required.
Title
Accepting bituminous surface pavement constructed by Private Contract in Grandview Commons North - Phase 3, Private Contract No. 7656. (3rd AD)
Body
WHEREAS, MREC VH Grandview Commons, LLC has satisfactorily completed the installation bituminous surface pavement by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, for: Grandview Commons North - Phase 3.
NOW, THEREFORE, BE IT RESOLVED
That the bituminous surface street improvements on the following streets be and are hereby accepted:
• Saturn Drive from W Line of Lot 879 to E Line of Lot 873
• Aries Way from E Line of OL 42 to E Line of Lot 892
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 11316 by $11,102.52 for a useful life of 40 years.