HomeMy WebLinkAbout19-144CITY OF LAKEVILLE
RESOLUTION NO. 19-144
RESOLUTION ORDERING THE IMPROVEMENTS AND AUTHORIZING
THE PREPARATION OF PLANS AND SPECIFICATIONS
FOR THE 2020 STREET RECONSTRUCTION PROJECT
WHEREAS, on October 21, 2019, the City Council fixed a date for the public hearing on
the 2020 Street Reconstruction Project. The project will include portions of Orchard Lake; Rock
Island Townhomes; Kingsley Shores Senior Living; Klamath Glen; Swan Addition; Lau Addition;
Sea Grit; Orchard Lake Hills; Hrkals Addition; Weisners Lake Addition; Lakeview Gardens;
Liberty Heights; Goose Lake First Addition; Orchard Hills 1st Addition; Truehart Addition;
Beachside; Orchard Oaks; Lyndale Lakes Club 1st Addition; Lyndale Lakes Club 2nd Addition;
Bracketts Townhomes; Club Park Addition No. 1; Ken Con Estates First Addition; Orchard Lake
Estates 1st Addition; Orchard Lake Estates 2nd Addition; Arland Park; Bracketts Townhomes;
Bracketts Crossing; Bracketts Crossing Third Addition; Bracketts Estates; Simonsen 1st Addition;
Lake Villa Golf Estates First Addition; Lake Villa Golf Estates 2nd Addition; Lake Villa Golf Estates
3rd Addition; Lake Villa Golf Estates 4th Addition; Lake Villa Golf Estates Fifth Addition; Lake
Villa Golf Estates 6th Addition; Lake Villa Golf Estates 7th Addition; Lake Villa Golf Estates 8th
Addition; Lake Villa Golf Estates 9th Addition; Nelson Addition; The Oaks of Lakevilla; Marion
Village; Marion Village Second Addition; Marion Village Third Addition; Marion Village Fourth
Addition; Marion Village Fifth Addition; Sullivans First Addition to Marion Heights; Garden
Estates; Mehlhorn Beatty Addition; Juno Addition; Marion Heights; Greer and Sullivans Rearr;
Blue Heron Bay; and those metes and bounds parcels located along Klamath Trail between
Kenwood Trail/CSAH 5 and 168' Street, City Project 20-02; and
WHEREAS, the required published notices of hearing through a weekly publication were
given, the required mailed notice of the improvement hearing was given to each property owner
in the proposed assessment area at least ten days prior to the hearing, and the hearing was held on
November 18, 2019, at which time all persons desiring to be heard were given an opportunity to
be heard.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville:
1. The 2020 Street Reconstruction Project is hereby ordered as identified in the Feasibility
Report for City Project 20-02, dated October 21, 2019.
2. The City expects to issue bonds for the project costs.
3. The estimated project costs are $12,388,370 and anticipated funding sources are listed
below. City staff is hereby authorized to make the appropriate transfers between funds with
respect to the non -debt 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 bond proceeds.
Anticipated Funding Source
Amount
Property Tax Levy/Fund Balance
$185,179
G.O. Improvement Bonds - Taxes
$6,492,619
G.O. Improvement Bonds - Special Assessments
$3,730,356
Water Operating Fund
$1,184,385
Sanitary Sewer Operating Fund
$318,297
Storm Water Infrastructure Fund***
***
Park Improvement Fund
$132,447
Environmental Resources Fund
$345,088
$12,388,370
***Storm Water Infrastructure Fund costs of $105,000 were anticipated in the City's 5 -year
Capital Improvement Plan (2020-2024) as part of the 2020 Street Reconstruction Project. The
City plans to incur storm water infrastructure costs, though these will be identified in later
design stages of the project and are not included in the feasibility study.
4. WSB is hereby authorized to prepare plans and specifications for the making of such
improvements.
ADOPTED by the Lakeville City Council this 2nd day of December 2019
Douglas P. Anderson, Mayor
Z�daLt -
Charlene Friedges, City Clerk 5`2