Fiscal Note
The proposed resolution approves plan documents for Phase 8 of the First Addition to 1000 Oaks Subdivision. Costs to the City will not exceed $25,000 for public improvements associated with the development. Funding is provided by GO Borrowing via the Reconstruction Streets Program (MUNIS 12873) in Engineering Major Streets 2020 Adopted Capital Budget.
Title
Approving plans and specifications for public improvements required to serve Phase 8 of the Subdivision known as First Addition to 1000 Oaks and authorizing construction to be undertaken by the Developer, and Rescinding Resolution RES-19-00773. Private Contract No. 8486. (9th AD)
Body
WHEREAS, the developer, VH 1000 Oaks, LLC, has received the City of Madison's conditional approval to create the subdivision known as First Addition to 1000 Oaks; 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 received approval for the project on November 11, 2019 by Resolution RES-2019-00773, File No. 57996; and,
WHEREAS, the developer is completing a replat of a portion of First Addition to 1000 Oaks as 1000 Oaks Replat No. 3, requiring an update to the lot numbers included on the November 11, 2019 approval; and,
WHEREAS, the developer proposes to provide public improvements to serve Lots 167, 187-190, 205, 237-248, Outlot 8, and Outlot 9 in First Addition to 1000 Oaks and Lots 328-349, 363-370, 372-376 in 1000 Oaks Replat No. 3 as Phase 8.
NOW, THEREFORE, BE IT RESOLVED:
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