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HomeMy WebLinkAbout18-031CITY OF LAKEVILLE RESOLUTION NO. 18-31 RESOLUTION AUTHORIZING FUNDING FOR COUNTY STATE AID HIGHWAY (CSAH) 9 (DODD BOULEVARD) AND FLAGSTAFF AVENUE INTERSECTION IMPROVEMENTS WHEREAS, the County State Aid Highway (CSAH) 9 (Dodd Boulevard) and Flagstaff Avenue Intersection Improvements project (City Project 18-05) is programmed in the adopted 2018-2022 Capital Improvement Plan; and WHEREAS, City staff requests approval of a Joint Powers Agreement with Dakota County for the County State Aid Highway (CSAH) 9 (Dodd Boulevard) and Flagstaff Avenue Intersection Improvements project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota: The estimated project cost is $2,190,000 and anticipated funding sources are listed below. City staff is hereby authorized to make the appropriate transfers between funds with respect to the 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 other funding. Anticipated Funding Source Amount Dakota County $1,204,500 Municipal State Aid $ 895,500 Storm Sewer Trunk Fund $ 90,000 Total $ 2,190,000 ADOPTED by the Lakeville City Council this 19th day of March 2018 Douglas rAnderson, Mayor !, 1 Charlene Friedges, City Cler