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File #: 41442    Version: 1 Name: Approving contract for public improvements necessary for the Subdivision known Paragon Place - Phase 1, to be undertaken by the Developer, and Rescinding Resolution RES-15-00701, File Number 39682, Private Contract No. 2439.
Type: Resolution Status: Passed
File created: 1/13/2016 In control: BOARD OF PUBLIC WORKS
On agenda: 2/2/2016 Final action: 2/2/2016
Enactment date: 2/5/2016 Enactment #: RES-16-00113
Title: Approving contract for public improvements necessary for the Subdivision known Paragon Place - Phase 1, to be undertaken by the Developer, and Rescinding Resolution RES-15-00701, File Number 39682, Private Contract No. 2439. (9th AD)
Sponsors: BOARD OF PUBLIC WORKS
Attachments: 1. 9603 paragon ph 1.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsWatch
2/2/20161 COMMON COUNCIL Adopt Under Suspension of Rules 2.04, 2.05, 2.24, and 2.25Pass Action details Meeting details Not available
1/20/20161 BOARD OF PUBLIC WORKS RECOMMEND TO COUNCIL TO ADOPT UNDER SUSPENSION OF RULES 2.04, 2.05, 2.24, & 2.25 - REPORT OF OFFICER  Action details Meeting details Not available
1/13/20161 Engineering Division Refer  Action details Meeting details Not available
Fiscal Note
Private Contract, No City Funds Required
Title
Approving contract for public improvements necessary for the Subdivision known Paragon Place - Phase 1, to be undertaken by the Developer, and Rescinding Resolution RES-15-00701, File Number 39682, Private Contract No. 2439. (9th AD)
Body
WHEREAS, the developer, MCS Investments, Inc., has received the City of Madison's approval to create the subdivision known as Paragon Place; and,

WHEREAS, Section 16.23(9) of the Madison General Ordinances requires the developer to install the public improvements necessary to serve the subdivision; and,

WHEREAS, Section 16.23(9) of the Madison General Ordinances allows the developer to install the improvements in construction phases provided that a Declaration of Conditions, Covenants, and Restrictions is executed for those lots included in future construction phases until such time as surety is provided to the City to guarantee the installation of the public improvements to serve said lot; and,

WHEREAS, the developer proposes to provide public improvements to serve Lot 1 of the Paragon Place subdivision as Phase 1; and,

WHEREAS, the developer received approval of the project on September 1, 2015 by Resolution RES-15-00701, File Number 39682; and,

WHEREAS, the developer has requested that the entity name be changed to MCS Investments, Inc.


NOW, THEREFORE, BE IT RESOLVED:

1. That the Mayor and City Clerk are hereby authorized and directed to execute a Contract For the Construction of Public Improvements That Will be Accepted by the City of Madison For Paragon Place- Phase 1, with MCS Investments, Inc. and authorize a Release of the Declaration of Conditions, Covenants, and Restrictions on the lots for which public improvements are to be provided.

2. That the plans and specifications for the public improvements necessary to serve this phase of the subdivision are hereby approved.

3. That the developer is authorized to construct the public improvements in acco...

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