DCPZP-2015-00854 - Laserfiche WebLink

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INOFFICIAL COPY • 2. As work progresses on the installation of Improvements constructed as part of this Agreement, the Town Clerk/Treasurer, upon written request from the Subdivider is authorized to recommend one reduction in the amount of surety as hereinafter provided. When a significant portion of construction of the Improvements (street, storm water or other improvements) is completed by the Subdivider, and determined acceptable by the Town Engineer, the Town Clerk/Treasurer is authorized, upon submission of lien waivers by the Subdivider's contractors, to reduce the amount of surety in an amount approved by the Town Engineer. 3. Upon acceptance by the Town of the Improvements constructed as part of this Agreement, the Town agrees to reduce the surety to an amount which does not exceed fifteen percent (15%) of the cost of the Improvements, as estimated by the Town Engineer, to secure performance of the guarantee described in this Agreement. 4. Subdivider agrees to provide written notice of the expiration of any letter of credit (or replacement letter of credit) provided for herein not less than forty-five(45)days nor more than sixty(60) days prior to its expiration,by sending notice to the following address: Town Clerk/Treasurer Town of Burke 5365 Reiner Road Madison,Wisconsin 53718 N. Subdivider's Designated Project Manager. The Subdivider hereby appoints Gerald G.Wood as the Project Manager. Said individual shall act as the Subdivider's representative during the construction phase of the installation of these Improvements. The Project Manager shall be available during construction hours on the job site or available by telephone at 608-695-3421. During non-construction hours, the Project Manager shall be available for emergency situations at the following telephone number. 608-695-3421. The mailing address for this construction project shall be as follows: 3370 Burke Road, Sun Prairie,Wisconsin 53590. 0. Survey Monuments. Subdivider agrees to install all survey monuments for the final plat in the manner required by law and Subdivision Ordinance. P. Prevailing Wages. Pursuant to Wis. Stat. § 66.0903, the Town will apply to the State of Wisconsin Department of Workforce Development (DWD) to determine the prevailing wage rate for each trade or occupation required to construct the Improvements. Once the Department issues its determination of the prevailing wage rates (the "Determination"), it shall be considered to be incorporated into and made a part of this Agreement, and attached as an attachment. The Subdivider agrees to comply with Wis. Stat. § 66.0903, as well as the following: (1)The Determination shall be physically incorporated into and made a part of any contract or subcontract that the Subdivider or its contractor enters into to perform work necessary to construct 6