HomeMy WebLinkAbout20-099CITY OF LAKEVILLE
RESOLUTION NO. 20-99
RESOLUTION AUTHORIZING FUNDING FOR
2020 STORMWATER MANAGEMENT IMPROVEMENTS
CITY PROJECT 20-60
WHEREAS, 2020 Stormwater Management Improvements, City Project 20-60, is
programmed in the adopted Lakeville 2020 Budget.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville,
Minnesota:
The estimated project cost is $122,000 and anticipated funding sources are listed below. City staff
is hereby authorized to amend the 2020 budgets (if needed as the project is completed) 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
$72,000
Stormwater Infrastructure Fund
$50,000
Total
$122,000
ADOPTED by the Lakeville City Council this 8th day of September 2020.
1
Charlene Friedges, City C
Douglas P. Anderson, Mayor