Madison, WI Header
Share to Facebook Share to Twitter Bookmark and Share
File #: 33471    Version: 1 Name: Approving Addendum No. 1 to University Research Park – Pioneer Grading (9th AD)
Type: Resolution Status: Passed
File created: 3/17/2014 In control: BOARD OF PUBLIC WORKS
On agenda: 4/8/2014 Final action: 4/8/2014
Enactment date: 4/10/2014 Enactment #: RES-14-00262
Title: Approving Addendum No. 1 to University Research Park - Pioneer Grading (9th AD)
Sponsors: BOARD OF PUBLIC WORKS
Attachments: 1. 2256 urp addn.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsWatch
4/8/20141 COMMON COUNCIL Adopt Under Suspension of Rules 2.04, 2.05, 2.24, and 2.25Pass Action details Meeting details Not available
3/19/20141 BOARD OF PUBLIC WORKS RECOMMEND TO COUNCIL TO ADOPT UNDER SUSPENSION OF RULES 2.04, 2.05, 2.24, & 2.25 - REPORT OF OFFICERPass Action details Meeting details Not available
3/17/20141 Engineering Division Refer  Action details Meeting details Not available
Fiscal Note
Private Contract.  No City funds required.
Title
Approving Addendum No. 1 to University Research Park - Pioneer Grading (9th AD)
Body
WHEREAS, on November 8, 2010, the developer, Department of Administration (Division of State Facilities) and the Board of Regents of the University of Wisconsin System on behalf of the State of Wisconsin, collectively and hereinafter the "Developer" had entered into a Contract For the Construction of Public Improvements that will be Accepted by the City of Madison hereinafter the "Contract" with the City of Madison, and;
 
WHEREAS, the Developer and the City have since mutually agreed to modify the scope of work to allow for the Developer to provide the City with a cash surety deposit, approximately equal to the cost of construction of the public infrastructure adjacent to Lot 1 of the University Research Park - Pioneer plat, allowing the City to release the deed restriction that restricts the sale and transfer of said lot.
 
NOW, THEREFORE, BE IT RESOLVE:
1.      That the Mayor and City Clerk are hereby authorized and directed to execute Addendum No. 1 for University Research Park - Pioneer Grading, Contract No. 2256, with Department of Administration (Division of State Facilities) and the Board of Regents of the University of Wisconsin System on behalf of the State of Wisconsin.
2.      That the revised plans and specifications for the public improvements necessary to serve this phase of the subdivision are hereby approved.
3.      That the Mayor and City Clerk are hereby authorized to sign a release of Declarations, Conditions and Covenants for releasing the sale or transfer of Lot 1 of the University Research Park - Pioneer plat.