Loading...
HomeMy WebLinkAbout21-041CITY OF LAKEVILLE RESOLUTION NO. 21-41 RESOLUTION AUTHORIZING FUNDING FOR HIGHVIEW AVENUE IMPROVEMENT PROJECT CITY PROJECT 21-03 WHEREAS, Highview Avenue Improvements, City Project 21-03, is programmed in the adopted Lakeville 5 -year Capital Improvement Plan (2021-2025). NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota: The estimated project cost is $1,542,324; and anticipated funding sources are listed below. City staff is hereby authorized to amend the 2021 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. City of Lakeville (Property taxes) Special Assessments Water Operating Fund Sanitary Sewer Operating Fund Park Dedication Fund Amount $ 1,448,187 41,250 34,501 3,385 15,000 324 ADOPTED by the Lakeville City Council this 51 day of April 2021. Douglas P. Anderson, Mayor Charlene Friedges, City