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HomeMy WebLinkAbout17-194CITY OF LAKEVILLE RESOLUTION NO. 17-194 RESOLUTION AMENDING THE 2018 EQUIPMENT FUND BUDGET WHEREAS, the 2018 Equipment Fund budget included the purchase of about half of the 800 MHZ replacement radios and the remainder of the radioslequipment was programmed in 2019 per the adopted 2018-2022 Capital Improvement Plan; and WHEREAS, the City can purchase all the planned radio/equipment replacements per a lease -purchase agreement with Motorola Solutions Inc and realize a $32,679 savings; and WHEREAS, the 2018 Equipment Fund budget was adopted on December 4, 2017. 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 2018 Equipment Fund budget is amended to reflect the gross expenditures and revenues associated with purchasing the radios/equipment per the lease -purchase agreement with Motorola Solutions Inc. as follows: a. Expenditures - $501,908 b. Revenues - $57,500 ADOPTED by the Lakeville City Council this 18th day of December 2017 CITY OF LAKEVILLE Douglas rAnderson, Mayor ATTEST: Charlene Friedges, City C20