Fiscal Note
Private Contract. No City Funds Are Required.
Title
Accepting street improvements constructed by private contract in Ice Age Falls - Phase II, Private Contract No. 1910. (7th AD)
Body
WHEREAS, IAF Development, LLC c/o Veridian Homes, has satisfactorily completed the installation of street improvements on the streets listed below by private contract in accordance with the City of Madison Standard Specifications for Public Works Construction.
NOW, THEREFORE, BE IT RESOLVED, that the following streets be and are hereby accepted:
Interlaken Pass/Crawling Stone Road from south line of Outlot 5 (existing street) to Sta. 71+45 (existing street).
Glacier Circle from Interlaken Pass/Crawling Stone Road to end.
Increase in street infrastructure value for Project No. 53B1910 $246,140.00 useful life of 40-years.
BE IT FURTHER RESOLVED that the one year guarantee shall have commenced on November 9, 2006.