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HomeMy WebLinkAbout21-086CITY OF LAKEVILLE RESOLUTION NO. 21-86 Resolution Authorizing Funding for Middle Creek Stream Restoration Phase II Improvements City Project 20-14 WHEREAS, the Middle Creek Stream Restoration Phase II Improvements, City Project 20-14, is programmed in the adopted Lakeville 2021 Budget. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota: The estimated project cost is $570,000 and anticipated funding sources are listed below. City staff is hereby authorized to amend the 2021 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 Utility Fund - Environmental Resources $150,000 Vermillion River Watershed Joint Powers Organization $50,000 Minnesota Board of Water and Soil Resources (Clean Water Fund Grant) $370,000 Total $570,000 ADOPTED by the Lakeville City Council this 6th day of July 2021. CITY OF LAKEVILLE Douglas P. Anderson, Mayor ATTEST: i` Charlene Friedges, City Cle