HomeMy WebLinkAbout20-136CITY OF LAKEVILLE
RESOLUTION NO. 20-136
RESOLUTION ORDERING THE IMPROVEMENTS AND AUTHORIZING
THE PREPARATION OF PLANS AND SPECIFICATIONS
FOR HIGHVIEW AVENUE IMPROVEMENTS
WHEREAS, on October 19, 2020, the City Council fixed a date for the public hearing on
the Highview Avenue Improvements. The project will include the portion of Highview Avenue
between 175`h Street and County State Aid Highway (CSAR) 46 (1601 Street), City Project 21-03;
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 16, 2020, 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 Highview Avenue Improvements are hereby ordered as identified in the Feasibility
Report for City Project 21-03, dated October 19, 2020.
2. The City expects to issue bonds for the project costs.
3. The estimated project costs are $2,213,649 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.
IAnticipated Funding Source Feasibility
City of L akeville (property taxes) $ 2,080,978
Special Assessments 62,271
Water Operating Fund 60,614
Sanitary Sewer Operating Fund 9,786
Total $ 2,213,649
4. City staff is hereby authorized to prepare plans and specifications for the making of such
improvements.
ADOPTED by the Lakeville City Council this 16`h day of November 2020.
Douglas P. Anderson, Mayor