Fiscal Note
Private contract, No City Funds required.
Title
Approving plans and specifications for public improvements on W Broadway and Fayette Avenue to the proposed redevelopment at 2230 W Broadway and authorizing construction to be undertaken by the Developer, Private Contract No. 8019. (14th AD)
Body
WHEREAS, the developer, Broadway on Madison, LLC, has received the City of Madison's conditional approval of a conditional use to allow a mixed-use building with 2,800 square feet of commercial space and 48 apartments to be constructed at 2230 W Broadway, and,
WHEREAS, Section 16.23(9) of the Madison General Ordinances and the conditions of approval require the developer to install the public improvements necessary to serve the development.
NOW, THEREFORE, BE IT RESOLVED:
1. That the plans and specifications for the public improvements necessary to serve the development are hereby approved.
2. That the Mayor and City Clerk are hereby authorized to sign and grant easements or right-of-way release or procurement documents, maintenance agreements or encroachment agreements, as necessary and grant or accept dedication of lands and/or easements from/to the Developer/Owner for public improvements located outside of existing public fee title or easement right-of-ways.
3. The Common Council is approved to accept ownership of the improvements in the Maintenance Area if a maintenance agreement is executed and recorded as a condition of the final site plan verification approval.