HomeMy WebLinkAbout19-145CITY OF LAKEVILLE
RESOLUTION NO. 19-145
RESOLUTION ORDERING THE IMPROVEMENTS AND AUTHORIZING
THE PREPARATION OF PLANS AND SPECIFICATIONS
FOR 170TH STREET IMPROVEMENTS
WHEREAS, on October 21, 2019, the City Council fixed a date for the public hearing on
the 170`h Street Improvements. The project will include the portion of 170' Street between Flagstaff
Avenue and County State Aid Highway (CSAH) 31 (Pilot Knob Road), City Project 20-04; 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 170' Street Improvements are hereby ordered as identified in the Feasibility Report
for City Project 20-04, dated October 21, 2019.
2. The City expects to issue bonds for the project costs.
3. The estimated project costs are $2,618,206 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
G.O. Improvement Bonds - Taxes
$1,330,434
G.O. Improvement Bonds - Special Assessments
$37,762
Water Operating Fund
$737,862
Sanitary Sewer Operating Fund
$3,661
Trail Improvement Fund
$508A87
$2,618,206
4. City staff 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
Charlene Friedges, City Cler