Fiscal Note
No City Funds required. Private contract.
Title
Accepting sanitary sewer, storm sewer, and street improvements (excluding bituminous surface pavement) constructed by Private Contract In First Addition to 1000 Oaks Phase 3, Private Contract No. 7856 (1st AD)
Body
WHEREAS, the VH 1000 Oaks, LLC, has satisfactorily completed the installation of sanitary sewer, 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: First Addition to 1000 Oaks Phase 3.
NOW, THEREFORE, BE IT RESOLVED
1. That said sanitary sewer, storm sewer, and street improvements (excluding bituminous surface pavement) be and are hereby accepted.
2. That said sanitary sewer improvements are hereby assigned to the Madison Sewer 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 Sewer Utility's "Utility Plant In Service".
SANITARY SEWER ACCOUNTING DATA
A) Total Contract Value (including Engineering
and Miscellaneous Costs) $ 59,743.20
B) Contributions in Aid of Construction:
a) Public Sewer Components $ 59,743.20
b) Sewer Laterals $ -0-
C) Investments in Capital (MSU Share) $ -0-
D) Total Plant Value $ 59,743.20
3. 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” $47,440.80.
4. That the street improvements, excluding the bituminous pavement, on the following streets be and are hereby accepted:
• Gilded Cider Boulevard - South from 128’ West of Quiet Pond Drive to Quiet Pond Drive
• Quiet Pond Drive from 153’ South of Sweet Autumn Drive to Sweet Autumn Drive
• Quiet Pond Drive from Sweet Autumn Drive to Gilded Cider Boulevard - South
• Quiet Pond Drive from Gilded Cider Boulevard - South to Gilded Cider Boulevard - North
• Sweet Autumn Drive from 128’ West of Quiet Pond Drive to Quiet Pond Drive
• Sweet Autumn Drive from Quiet Pond Drive to 128’ East of Quiet Pond Drive
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 11501 $98,550.40 for a useful life of 40 years.