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HomeMy WebLinkAbout19-113CITY OF LAKEVILLE RESOLUTION NO. 19-113 RESOLUTION AUTHORIZING FUNDING FOR 2019 STORMWATER MANAGEMENT IMPROVEMENTS CITY PROJECT 19-17 WHEREAS, 2019 Stormwater Management Improvements, City Project 19-17, is programmed in the adopted Lakeville 2019 Budget. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota: The estimated project cost is $162,575 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 Utility Fund - Environmental Resources $74,575 Stormwater Infrastructure Fund $88,000 Total $162,575 ADOPTED by the Lakeville City Council this Th day of October 2019 Douglas P. Anderson, Mayor Charlene Friedges, City Cle