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HomeMy WebLinkAbout20-127CITY OF LAKEVILLE RESOLUTION NO. 20-127 RESOLUTION AUTHORIZING FUNDING FOR JAGUAR AVENUE STORMWATER BASIN IMPROVEMENTS CITY PROJECT 20-41 WHEREAS, Jaguar Avenue Stormwater Basin Improvements, City Project 20-41, 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 $32,000 and anticipated funding sources are listed below. City staff is hereby authorized to amend the 2020 budget (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 Stormwater Infrastructure Fund $10,000 Vermillion River Watershed Joint Powers Organization $10,000 Dakota County $12,000 Total $32,000 ADOPTED by the Lakeville City Council this 2nd day of November 2020. �• P""V --- . riderson,Mayor Charlene Friedges, City Clerk