HomeMy WebLinkAbout18-030CITY OF LAKEVILLE
RESOLUTION NO: 18-30
RESOLUTION AUTHORIZING FUNDING FOR CITY PROJECT 13-09
WHEREAS, on October 5, 2015, the City Council approved a JPA with Dakota County for
the reconstruction of Dodd Boulevard from 1941h St to 1851h St, and
WHEREAS, on April 21, 2014, the City Council approved Resolution No. 14-28 for a
property acquisition in the right of way of project 13-09.
NOW, THEREFORE, BE IT RESOLVED
The final costs of the 13-09 project are $4,145,418. Anticipated funding sources are
listed below. Staff is hereby authorized to amend the 2017 budget and make the
appropriate transfers between funds with respect to the funding sources.
Anticipated Funding Source
Amount
Municipal State Aid
2,387,622
Dakota County
96,161
Developer payments/escrows
646,667
Storm Sewer Trunk Fund
290,822
Water Trunk Fund
691,916
General Fund (Fiber)
24,495
Water Fund (Fiber)
3,223
Sewer Fund (Fiber)
3,223
Liquor Fund (Fiber)
1,289
4,145, 418
ADOPTED by the Lakeville City Council this 19th day of March 2018
Douglas fAnderson, Mayor
Charlene Friedges, City C�o