Fiscal Note
No City Funds required. Private contract.
Title
Accepting sanitary sewer, storm sewer, and street improvements (including bituminous surface pavement) constructed by Private Contract In Aspen Grove Plat, Private Contract No. 2390 (1st AD)
Body
WHEREAS, the B & H Madison, 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: Aspen Grove Plat.
NOW, THEREFORE, BE IT RESOLVED
1. That said sanitary sewer, storm sewer, and street improvements (including 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) $ 21,589.12
B) Contributions in Aid of Construction:
a) Public Sewer Components $ 21,589.12
b) Sewer Laterals $ -0-
C) Investments in Capital (MSU Share) $ -0-
D) Total Plant Value $ 21,589.12
3. That the street improvements, including the bituminous pavement, on the following streets be and are hereby accepted:
• Silverstone Lane cul-de-sac from the East line of Lot 8 to 24’ East of the East line, Lot 6.
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 53B2390 $15,292.70 for a useful life of 40 years.