HomeMy WebLinkAbout18-165CITY OF LAKEVILLE
RESOLUTION NO. 18-165
RESOLUTION AUTHORIZING FUNDING FOR
DODD BOULEVARD AND GLACIER WAY INTERSECTION IMPROVEMENTS
CITY PROJECT 18-08
WHEREAS, the Dodd Boulevard and Glacier Way Intersection Improvements, City
Project 18-08, is programmed in the adopted 2019-2023 Capital Improvement Plan.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville,
Minnesota:
The estimated project cost is $450,000 and anticipated funding sources are listed below. City
staff is hereby authorized to amend the 2019 budgets and 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.
Funding Sources
Amount
Municipal State Aid
$217,760
Escrow Fund
$232,240
Total
$4503,000
ADOPTED by the Lakeville City Council this 171h day of December 2018
Douglas-i'7Lderson, Mayor
Charlene Friedges, City Cle