HomeMy WebLinkAbout15-091CITY OF LAKEVILLE
00 RESOLUTION NO. 15-91
RESOLUTION ADOPTED THE 5 -YEAR CAPITAL IMPROVEMENT PLAN 2015-2019
WHEREAS, The City Council (the Council) of the City of Lakeville, Minnesota
(the City) has reviewed the 5 -Year Capital Improvement Plan
2015-2019; 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 2015 - 2019; 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
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota as
follows:
1. The recitals set forth above are incorporated herein.
2. The 2015-2019 Capital Improvement Plan is hereby adopted.
DATED this 20th day of July, 2015
CITY OF LAKEVILLE
— #V
Matt L' tle, 14yor
ATTEST:
Z�&� leG_
Charlene Friedges, City
C