Fiscal Note
Private Contract, No City Funds Are Required.
Title
Accepting sanitary sewer and street improvements (excluding bituminous surface pavement) constructed by Private Contract In Linden Park - Phase 8, Private Contract No. 2229. (1st AD)
Body
WHEREAS, Great Neighborhoods West, LLC has satisfactorily completed the installation of sanitary sewer and street improvements (excluding bituminous surface pavement) by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: Linden Park - Phase 8.
NOW, THEREFORE, BE IT RESOLVED
1. That said sanitary sewer and street improvements (excluding bituminous surface pavement) be and are hereby accepted.
2. That said sanitary sewer improvements are hereby assigned to the Madison Sewer Utility for ownership and maintenance and that the attached Schedule "A" representing the actual cost of construction of these improvements shall be reflected in the Madison Sewer Utility's "Utility Plant In Service".
SANITARY SEWER ACCOUNTING DATA
A) Total Contract Value (including Engineering
and Miscellaneous Costs) $ 22,325.64
B) Contributions in Aid of Construction:
a) Public Sewer Components $ 22,325.64
b) Sewer Laterals $ -0-
C) Investments in Capital (MSU Share) $ -0-
D) Total Plant Value $ 22,325.64
3. That the street improvements, excluding the bituminous pavement, on the following streets be and are hereby accepted:
· Silkwood Trail from the east line of Lot 64 (existing street) to the west line of Lot 67
· Hollybush Lane from the east line of Lot 45 (existing street) to the west line of Lot 48
· Sidewalk on Valley View Road from the east line of Lot 64 (existing street) to the west line of Lot 67
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 53B2229 $ 56,990.65 for a useful life of 40 years.