Fiscal Note
Private Contract, No City Funds Are Required.
Title
Accepting storm sewer and street, sidewalk and bike path improvements constructed by Private Contract In 8001 Raymond Rd - CSM, Private Contract No. 2176.
Body
WHEREAS, Meriter Hospital Inc. has satisfactorily completed the installation of storm sewer and street, sidewalk and bike path improvements by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: 8001 Raymond Rd - CSM.
NOW, THEREFORE, BE IT RESOLVED
1. That said storm sewer and street, sidewalk and bike path improvements be and are hereby accepted.
2. That said storm sewer improvements are hereby assigned to the Madison Storm Water 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 Storm Water Utility's "Utility Plant In Service".
Increase in Total Plant Value per Schedule "A" $111,366.20.
3. That the street, sidewalk and bike path improvements as follows are hereby accepted:
· Meriter Way from McKee Road to the north end (sidewalk on west side only)
· Sidewalk only on north side of McKee Road from 835 ft east to Meriter Way
· Bike Path on McKee Road from the west line of OL 11 of the Ice Age Falls Subdivision to Bike Path MS Link No 328
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 53B2176 $ 90,301.90 for a useful life of 40 years.