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HomeMy WebLinkAbout21-072CITY OF LAKEVILLE RESOLUTION NO. 21-72 Resolution Authorizing Funding for Well #4 Raw Watermain Replacement Project, City Project 21-08 WHEREAS,Well #4 Raw Watermain Replacement Project, City Project 21-08, 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 total project cost is $352,253 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. Funding Sources Amount Water Operating Fund $352,253 ADOPTED by the Lakeville City Council this 7th day of June 2021 CITY OF LAKEVILLE Douglas P. Anderson, Mayor ATST: Charlene Friedges, City C1erll