HomeMy WebLinkAbout19-089CITY OF LAKEVILLE
RESOLUTION NO. 19-89
RESOLUTION AUTHORIZING FUNDING FOR
COUNTY STATE AID HIGHWAY (CSAH) 70 (215TH STREET) IMPROVEMENTS
FROM KENRICK AVENUE TO CEDAR AVENUE
WHEREAS, the County State Aid Highway (CSAH) 70 (215" Street) Improvements
project (City Project 20-05) is programmed in the adopted 2019-2023 Capital Improvement Plan;
and
WHEREAS, City staff requests approval of a Joint Powers Agreement with Dakota
County for the County State Aid Highway (CSAH) 70 (215`'' Street) Improvements project.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville,
Minnesota:
The estimated project cost is $7,151,300 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.
Anticivated Funding Source Amount
Municipal State Aid
$3,979,500
Stormwater Infrastructure
660,000
Water Trunk
1,200,000
Sanitary Sewer Trunk
285,000
Park Dedication
340,000
Street Light Operating
16,800
Water Operating
550,000
Sanitary Sewer Operating
120,000
Total
$7,151,300
ADOPTED by the Lakeville City Council this 51' day of August 2019
Douglas . Anderson, Mayor
Charlene Friedges, City