Fiscal Note
The proposed resolution approves the addendum to the private contract for Normandy Lane at a cost to the City not to exceed $25,000. The Engineering Major Streets adopted 2019 capital budget provides funding for minor improvements to land within private developments via the Reconstruction Streets capital program. Funding is provided by GO Borrowing.
MUNIS:
11136
Title
Approving Addendum No. 1 to 6509 Normandy Lane, Contract No. 7876. (19th AD)
Body
WHEREAS, on May 25, 2018, the developer, Normandy Square, 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, the Developer and the City Sanitary Sewer Utility have since mutually agreed that the City Sanitary Sewer Utility shall reimburse the Developer, up to the statutory limit, for the sanitary sewer main improvements required in Normandy Lane necessary to provide sanitary sewer capacity to serve the 6509 Normandy Lane project.
NOW, THEREFORE, BE IT RESOLVE:
1. That the Mayor and City Clerk are hereby authorized and directed to execute Addendum No. 1 to 6509 Normandy Land, Contract No. 7876, with Normandy Square, 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 with the terms of the Contract For the Construction of Public Improvements That Will be Accepted by the City of Madison at the sole cost of the developer.
4. 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 eas...
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