Fiscal Note
Private contract. No City funds are required.
Title
Accepting storm sewer and street improvements (including bituminous surface pavement) constructed by Private Contract 2504 Winnebago Street - Buildings 4 and 5 (6th AD), Private Contract No. 2422
Body
WHEREAS, the Union Corners Apartments c/o Gorham & Company, Inc., has satisfactorily completed the installation of storm sewer and street improvements (including bituminous surface pavement) by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: 2504 Winnebago Street - Buildings 4 and 5.
NOW, THEREFORE, BE IT RESOLVED
1. That said storm sewer and street improvements (including bituminous surface pavement) be and are hereby accepted.
2. That said storm sewer improvements are hereby assigned to the Madison Storm Water Utility for ownership and maintenance and that the attached Schedule "A" representing the actual cost of construction of these improvements shall be reflected in the Madison Storm Water Utility's "Utility Plant In Service".
Increase in Total Plant Value per Schedule “A” $50,210.60.
3. That the street improvements, including the bituminous pavement, on the following streets be and are hereby accepted:
• Winnebago Street from 182’ E of Winnebago St. Roundabout to 210’ S of Milwaukee St
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 11256 $174,959.16 for a useful life of 40 years.