Fiscal Note
Private Contract, No Appropriation Required.
Title
Accepting street and terrace improvements constructed by Private Contract for 2585 University Ave, Private Contract No. 2426
Body
WHEREAS, Kingston Corners LLC, has satisfactorily completed the installation of street and terrace restoration by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: 2585 University Ave.
NOW, THEREFORE, BE IT RESOLVED
That said street and terrace improvements adjacent to 2585 University Ave are hereby accepted. The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 53B2426 by $12,000.00 for a useful life of 40 years.