Fiscal Note
No City Funds required. Private contract.
Title
Accepting storm sewer and street improvements (excluding bituminous surface pavement) constructed by Private Contract In Secret Places at Siggelkow Preserve - Phase 6, Private Contract No. 2251 (District 16).
Body
WHEREAS, Great Neighborhoods South, LLC, has satisfactorily completed the installation of storm sewer and street improvements (excluding bituminous surface pavement) by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: Secret Places at Siggelkow Preserve - Phase 6.
NOW, THEREFORE, BE IT RESOLVED
1. That said storm sewer and street improvements (excluding bituminous surface pavement) be and are hereby accepted.
2. That said storm sewer 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” $137,942.24.
3. That the street improvements, excluding the bituminous pavement, on the following streets be and are hereby accepted:
• Pacific Crest Road from West Line of Lot 231 to Ice Pond Drive.
• Ice Pond Drive from North Line of Lot 214 to South Line of Lot 218.
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 53B2251 by $ 87,554.88 for a useful life of 40 years.