Fiscal Note
No City Funds required. Private contract.
Title
Accepting sanitary and storm sewer improvements by Private Contract In 5565 Tancho Drive, Private Contract No. 8020. (17th AD)
Body
WHEREAS, the Oakwood Lutheran Homes Association, Inc., has satisfactorily completed the installation of sanitary and storm sewer improvements by private contract, in accordance with the City of Madison Standard Specifications for Public Works Construction, in: 5565 Tancho Drive.
NOW, THEREFORE, BE IT RESOLVED
1. That said sanitary and storm sewer improvements 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) $ 39,470.40
B) Contributions in Aid of Construction:
a) Public Sewer Components $ 39,740.40
b) Sewer Laterals $ ____-0-
C) Investments in Capital (MSU Share) $ ____-0-
D) Total Plant Value $ 39,740.40
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” $7,742.36
4. That the street improvements on the following streets be and are hereby accepted:
• NONE
The attached Schedule "A" representing the actual cost of construction of these improvements, which shall increase the street infrastructure value for Project No. 11726 $ -0- for a useful life of 40 years.