Fiscal Note
The proposed resolution approves plans for the private contract for public improvements at the North Addition to Grandview Commons (Phase 6). Costs of up to $25,000 willl be paid by the City's Engineering Division which is budgeted within the Reconstruciton Streets capital program.
Title
Approving plans and specifications for public improvements required to serve Phase 6 of the Subdivision known as North Addition to Grandview Commons and authorizing construction to be undertaken by the Developer, Private Contract No. 8137. (3rd AD)
Body
WHEREAS, the developer, MREC VH Grandview Commons, LLC, has received the City of Madison's conditional approval to create the subdivision known as North Addition to Grandview Commons; 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 lots; and,
WHEREAS, the developer proposes to provide public improvements to serve Lots 765-768, and Outlot 40, as Phase 6.
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 North Addition to Grandview Commons - Phase 6, with MREC VH Grandview Commons, LLC and 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....
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