Fiscal Note
Est. cost $5,000. Funds available in Acct. No. CS53-58250-810354-00-53B2200.
Title
Approving plans and specifications for public improvements required to serve the Subdivision known as Fifth Addition to Cherokee Park, and authorizing construction to be undertaken by the Developer, Private Contract No. 2200. (18th AD)
Body
WHEREAS, the developer, Cherokee Park, Inc., has received the City of Madison's approval to create the subdivision known as Fifth Addition to Cherokee Park; and,
WHEREAS, Section 16.23(9) of the Madison General Ordinances requires the developer to install the public improvements necessary to serve the subdivision; and
WHEREAS, the developer proposes to provide public improvements to serve Fifth Addition to Cherokee Park .
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 Fifth Addition to Cherokee Park with Cherokee Park, Inc.
2. That the plans and specifications for the public improvements necessary to serve this phase of the subdivision 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: Reimbursement not to exceed the statutory limit for the cost of street improvements that benefit the City and abut lands owned by the City, in accordance with Section 16.23(9)(d)(6)(d).
4. That the Mayor and City Clerk are hereby authorized to sign easements or right-of-way release or procurement documents, maintenance agreements or encroachment agreements, as necessary and accept dedication of lands and/or easements from the Developer/Owner for public improvements located outside of existing public fee title or easement right-of-ways.