Fiscal Note
Private contract. No City funds required.
Title
Approving plans and specifications for public improvements necessary for the project known as 1222 S Park Street and authorizing construction to be undertaken by the Developer, Private Contract No. 9010 (13th AD)
Body
WHEREAS, the developer, 1224 Park Street LLC, has received the City of Madison's conditional approval for a one-lot certified survey, a demolition permit to raze a one-story multi-tenant commercial building over a level of structured parking, and conditional uses to construct a new five-story mixed-use building with 4000 square feet of commercial space and 62 apartment units over structured parking at 1222 S Park Street, and,
WHEREAS, Section 16.23(9) of the Madison General Ordinances and the conditions of approval require the developer to install the public improvements necessary to serve the rezoning.
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 1222 S Park Street, with 1224 Park Street LLC.
2. That the plans and specifications for the public improvements necessary to serve the development 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, except as follows: NONE
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 easement right-of-ways.
5. The Common Council is approved to accept ownership of the improveme...
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