Madison, WI Header
File #: 10828    Version: 1 Name: Approving Addendum No. 1 to the Subdivision Contract for Grandview Commons Phase XV, Contract No. 2085.
Type: Resolution Status: Passed
File created: 6/9/2008 In control: BOARD OF PUBLIC WORKS
On agenda: 7/1/2008 Final action: 7/1/2008
Enactment date: 7/2/2008 Enactment #: RES-08-00694
Title: Approving Addendum No. 1 to the Subdivision Contract for Grandview Commons Phase XV, Contract No. 2085. (3rd AD)
Sponsors: BOARD OF PUBLIC WORKS
Title
Approving Addendum No. 1 to the Subdivision Contract for Grandview Commons Phase XV, Contract No. 2085.  (3rd AD)
Body
WHEREAS, on July 31, 2006, the developer,  Premium Real Estate, LLC, had entered into a Subdivision Contract No. 2085 with the City of Madison and,
 
WHEREAS, Section 16.23(9)(d)(6)(d) of the Madison General Ordinances allows the City of Madison to reimburse the developer for the installation of the street adjacent to City owned land, and
 
WHEREAS, the Developer has request the City to install surface pavement in lieu of reimbursement for the installation of street adjacent to City owned land,
 
NOW, THEREFORE, BE IT RESOLVED:
 
1.      That the Mayor and City Clerk are hereby authorized and directed to execute Addendum No. 1 for Grandview Commons - Phase XV with Premium Real Estate, LLC, for the City to install surface pavement in an equivalent amount in lieu of reimbursing  for the installation of street adjacent to City owned lands as allowed under Section 16.23(9)(d)(6)(d) of the Madison General Ordinances.
 
 
Fiscal Note
Private Contract, No Funds Required.