Fiscal Note
Private Contract, No City Funds Are Required.
Title
Accepting street and terrace improvements constructed by Private Contract In 731 State Street / 439 North Murray Street PUD, Private Contract No. 2081. (8th AD)
Body
WHEREAS, Presbyterian Student Center Foundation has satisfactorily completed the installation of street and terrace improvements by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: 731 State Street / 439 N. Murray Street PUD.
NOW, THEREFORE, BE IT RESOLVED
That said street and terrace improvements adjacent to 731 State Street & 439 N. Murray Street are hereby accepted.
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 53B2081 $40,000.00 for a useful life of 40 years.