HomeMy WebLinkAbout18-143CITY OF LAKEVILLE
RESOLUTION NO. 18-143
RESOLUTION ORDERING THE IMPROVEMENTS AND AUTHORIZING
THE PREPARATION OF PLANS AND SPECIFICATIONS
FOR THE 2019 STREET RECONSTRUCTION PROJECT
WHEREAS, on October 15, 2018, the City Council fixed a date for the public hearing on
the 2019 Street Reconstruction Project. The project will include portions of Golden Leaf Forest;
Knolls Valley; Kingswood Estates; Kingsley Cove; Kingsley Cove 2nd Addition; Orchard Lake;
Registered Land Survey 13; Kenwood Oaks; Kenwood Oaks 2nd Addition; Kenora Ridge; Lakeville
Hills; Grohoskis Rearrangement; Jackson Heights; Jackson Heights 2nd Addition; Gola Heights;
Crystal Ridge Estates; Town and Country Estates 3rd Addition; Oak Shores 2nd, 3rd, 4th, 6th, 7th,
10th Additions; Vista First Addition; Bluebill Bay Estates; Logarto; Logarto 2nd Addition; Fourth
Addition to Benham Investment Company's Minnesota Orchard Gardens; and those metes and
bounds parcels located along Klamath Trail between Kenwood Trail/CSAR 5 and Knolls Path,
City Project 19-02; 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 19, 2018, at which time all persons desiring to be heard were given an opportunity to
be heard.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville:
1. The 2019 Street Reconstruction Project is hereby ordered as identified in the Feasibility
Report for City Project 19-02, dated October 15, 2018.
2. The City expects to issue bonds for the project costs.
3. The estimated project costs are $8,956,306 and anticipated funding sources are listed below.
City 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.
Anticipated Funding Source
Amount
Bond Proceeds (to be repaid by property $7,621,810
tax levies and special assessments)
Environmental Resources Fund $71,808
Sanitary Sewer Operating Fund $225,663
Storm Sewer Trunk Fund $192,896
Water Operating Fund $844,129
$8,956,306
4. WSB is hereby authorized to prepare plans and specifications for the making of such
improvements.
ADOPTED by the Lakeville City Council this 19th day of November 2018
DouglasW.�Anderson,Mayor
Charlene Friedges, City