Fiscal Note
The proposed resolution approves the addendum to the public works contract for storm sewer work for the developer project at 722 Williamson Street at a maximum allowable cost of $50,000. $100,000 of reauthorized Stormwater Utlity GO Borrowing is budgeted in the Storm Box Replacement project within the Storm Sewer System Improvements program (MUNIS 11594).
MUNIS:
11594-84-174
Title
Approving Addendum No. 2 to 722 Williamson Street, Contract No. 7804. (6th AD)
Body
WHEREAS, on December 27, 2016 the developer, 722 Williamson, LLC, 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, on March 23, 2017 the developer and City mutually agreed to expand the scope of work and entered into Addendum 1 to the original Contract that allowed the replacement of 300 feet of storm sewer, $25,000 for the installation of storm sewer and provide the developer with the storm sewer pipe necessary for the construction, and;
WHEREAS, the Developer and the City have since mutually agreed to amend the reimbursement amount in Addendum 1 to the Developer to the maximum amount allowable by law up to $50,000, and;
WHEREAS, the upon completion of the storm sewer installation, the Developer shall restore and maintain the surface parking lot located south of the Capital City Trail and north of the property at 301 S Blount Street with base course or road gravel until such time that the City paves the lot in 2018.
NOW, THEREFORE, BE IT RESOLVE:
1. That the Mayor and City Clerk are hereby authorized and directed to execute Addendum No. 2 to 722 Williamson Street, Contract No. 7804, with 722 Williamson, LLC.
2. That the revised plans and specifications for the public improvements necessary to serve this project are hereby approved.
3. That the developer is authorized to construct the public improvements in accordance...
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