HomeMy WebLinkAbout19-041CITY OF LAKEVILLE
RESOLUTION NO. 19-41
RESOLUTION AUTHORIZING FUNDING FOR
2019 MISCELLANEOUS ROADWAY REPAIRS AND OVERLAYS
CITY PROJECT 19-01
WHEREAS, 2019 Miscellaneous Roadway Repairs and Overlays, City Project 19-01, is
programmed in the adopted Lakeville 5 -year Capital Improvement Plan (2019-2023).
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville,
Minnesota:
The estimated total project cost is $1,154,065 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
Pavement Management Fund
$700,065
Trail Improvement Fund
$390,045
Street Light Operating Fund
$10,000
Dakota County
$53,955
Total
$1,154,065
ADOPTED by the Lakeville City Council this 151h day of April 2019
Mayor
Douglas P. Anderson,
Charlene Friedges, City Clerk