HomeMy WebLinkAbout11-147CITY OF LAKEVILLE
Resolution No. 11 -147
RESOLUTION ADOPTING THE 5 -YEAR
CAPITAL IMPROVEMENT PLAN 2012 — 2016
WHEREAS, the City Council (the Council) of the City of Lakeville, Minnesota, (the
City) has reviewed the 5 -Year Capital Improvement Plan 2012 -2016; and
WHEREAS, during the course of the preparation and review of the Capital Improvement
Plan, the Council has considered, for each capital improvement: the condition of the City's
existing infrastructure, including the projected need for repair or replacement; the likely demand
for the improvements; the estimated cost of the improvements; the available public resources; the
relative benefits and costs of alternative uses of the funds; operating costs of the proposed
improvements; and
WHEREAS, the Plan covers at least a five -year period of 2012 - 2016; sets forth the
estimated schedule, timing, and details of specific capital improvements by year, together with
the estimated costs, the need for the improvements, and sources of revenue to pay for the
improvements; and
WHEREAS, the Planning Commission held a public hearing on December 15, 2011 and
approved a motion stating the proposed 2012 -2016 Capital Improvement Plan is consistent with
the City's Comprehensive Land Use Plan and recommended City Council approval and
adoption.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Lakeville, Minnesota hereby adopts the 2012 -2016 Capital Improvement Plan.
APPROVED this 19th day of December 2011.
ATTEST:
'1
CITY OF LAKEVILLE
Mark Bellows, Mayor
Charlene Friedges, City