HomeMy WebLinkAbout17-173CITY OF LAKEVILLE
RESOLUTION NO: 17-173
RESOLUTION ORDERING THE 2018 STREET RECONSTRUCTION PROJECT AND
AUTHORIZING PREPARATION OF PLANS AND SPECIFICATIONS AND
ADVERTISEMENT FOR BIDS
WHEREAS, on October 16, 2017, the City Council fixed a date for public hearing on the
2018 Street Reconstruction Project. The project will include property in that part of Sections 5 and
8 Township 114 Range 20 within the City of Lakeville, Dakota County, Minnesota, and also being
in subdivisions: Crystal Lake Golf Estates and Crystal Lake Golf Estates 2nd, 4th, and 5th
Additions; Trotters Ridge and Trotters Ridge 2nd Addition; Hypointe Crossing and Hypointe
Crossing 2nd Addition; Walnut Ridge; Crystal Lake Club House; Crystal Lake Country Club and
Crystal Lake Country Club 2nd Addition; Homestead Creek and Homestead Creek 2nd, 3rd, and
4th Additions; Tutor Time Addition; Sanasha Knolls 2nd Addition; Dakota Heights 7th and 8th
Additions; Daniels Addition and Daniels 2nd, and 3rd Additions; Andersons Century Farm and
Anderson Century Farm 2nd Addition, City Improvement Project 18-02; and
WHEREAS, the required published notices of hearing through a weekly publication were
given, the required mailed notice of the improvement hearing was given to each property owner
in the proposed assessment area at least ten days prior to the hearing, and the hearing was held on
November 20, 2017, at which time all persons desiring to be heard were given an opportunity to
be heard.
NOW, THEREFORE, BE IT RESOLVED, by the Lakeville City Council:
1. The 2018 Street Reconstruction Project is hereby ordered as identified in the Feasibility
Report for Project 18-02, dated October 16, 2017.
2. The City expects to issue bonds for the project costs.
3. The estimated project costs are $8,881,499.00, and anticipated funding sources are
listed below. Staff is hereby authorized to make the appropriate transfers between funds
with respect to the non -debt project funding sources up to 10% above the estimated
costs. Funding transfers may include loans between funds to cover engineering and
other costs incurred on the project in advance of receiving bond proceeds.
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Anticipated Funding Source
Amount
Bond proceeds (to be repaid by property tax levies and special
assessments)
$7,574,095
Water Operating Fund
869,336
Sanitary Sewer Operating Fund
243,725
Storm Sewer Trunk Fund
44,352
Environmental Resources Fund
149,991
$8,881,499
4. WSB & Associates, Inc. is hereby authorized to prepare plans and specifications for the
making of such improvements, and placing advertisements for bids.
ADOPTED by the Lakeville City Council this 2011, day of November 2017
CITY OF LAKEVILLE
Douglas P. Zd-
AT ST:
Charlene Friedges, City Cl
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