HomeMy WebLinkAbout20-045CITY OF LAKEVILLE
RESOLUTION NO. 20-45
RESOLUTION AUTHORIZING FUNDING FOR
2020 MISCELLANEOUS ROADWAY REPAIRS AND OVERLAYS
CITY PROJECT 20-01
WHEREAS, 2020 Miscellaneous Roadway Repairs and Overlays, City Project 20-01, is
programmed in the adopted Lakeville 5 -year Capital Improvement Plan (2020-2024).
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota:
The estimated total project cost is $1,640,853 and anticipated funding sources are listed below.
City staff is hereby authorized to amend the 2020 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
$1,262,953
Dakota County and property owners
(Icenic Way driveway apron replacement)
21,656
Water Operating Fund
137,323
Sanitary Sewer Operating Fund
66,902
Environmental Resources Fund
68,425
StormwaterInfrastructure Fund
80,537
Trail Improvement Fund
3,057
Total Estimated Costs
$1,640,853
ADOPTED by the Lakeville City Council this 20th day of April 2020
Douglas P. Anderson, Mayor
Charlene Friedges, City