HomeMy WebLinkAbout21-057CITY OF LAKEVILLE
RESOLUTION NO. 21-57
Resolution Authorizing Funding for
Cedar Avenue Watermain and Pressure Reducing Valve Improvements
WHEREAS, the Cedar Avenue Watermain and Pressure Reducing Valve Improvements, City
Project 20-15, 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 $137,498.50 and the anticipated funding source is the Water Trunk
Fund. City staff is hereby authorized to amend the 2021 budget and make the appropriate transfer
between funds with respect to the project funding source up to 10% above the estimated cost.
Funding transfers may include loans between funds to cover engineering and other costs incurred
on the project in advance of receiving other funding.
ADOPTED by the Lakeville City Council this 171 day of May 2021
Douglas P.
I � 1, �-
Charlene Friedges, City e