Fiscal Note
Private Contract. No City Funds Are Required.
Title
Accepting bituminous surface improvements constructed by private contract in First Addition to Ice Age Falls, Private Contract 2121.
Body
WHEREAS, IAF Development, LLC has satisfactorily completed the installation of bituminous surface improvements by private contract in accordance with the City of Madison Standard Specifications for Public Works Construction for: First Addition to Ice Age Falls
NOW, THEREFORE, BE IT RESOLVED
1. That the bituminous surface improvements on the following streets be and are hereby accepted:
ยท Hickory Ridge Drive from Raymond Road to the east line of Lot 241 (existing street).
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 53B2121 $15,907.70 for a useful life of 40 years.