Fiscal Note
This resolution increases the Total Plant Value for the Madison Storm Water Utility.
Title
Accepting storm sewer constructed by private contract in Lot 12, World Dairy Center Storm Sewer, Private Contract No. 1818. (16th AD)
Body
WHEREAS, David and Diane Stratton, has satisfactorily completed the installation of storm sewer improvements by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in:
Lot 12, World Dairy Center Storm Sewer.
WHEREAS, the Developer has failed to return the lien waivers and affidavits as required in the Developer's Agreement and that the statute of limitations has since expired.
NOW, THEREFORE, BE IT RESOLVED, that said storm sewer improvements be and are hereby accepted.
BE IT FURTHER RESOLVED, that said storm sewer improvements have been assigned to the Madison Storm Water Utility for ownership and maintenance and the actual cost of construction of these improvements have been reflected in the Madison Storm Water Utility's "Utility Plant In Service".