HomeMy WebLinkAbout19-033CITY OF LAKEVILLE
RESOLUTION NO. 19-33
RESOLUTION AUTHORIZING FUNDING FOR
DODD BOULEVARD AND FLAGSTAFF AVENUE INTERSECTION IMPROVEMENTS
CITY PROJECT 18-05
WHEREAS, the Dodd Boulevard and Flagstaff Avenue Intersection Improvements, City Project
18-05, 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 $2,842,822 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
$699,334
Dakota County
$1,075,475
Water Operating Fund
$137,848
Sanitary Sewer Operating Fund
$4,020
Storm Water Infrastructure Fund
$151,145
LRIP Grant
$775,000
Total
$2,842,822
ADOPTED by the Lakeville City Council this I" day of April 2019
Douglas P. Anderson, Mayor
Charlene Friedges, City Cle