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HomeMy WebLinkAbout21-130CITY OF LAKEVILLE RESOLUTION NO. 21-130 Resolution Authorizing Funding for 165th Street Watershed Drainage System Improvements WHEREAS, the 165th Street Watershed Drainage System Improvements, City Project 20-45, 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 $350,000 and the 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 Stormwater Infrastructure Fund $100,000 Minnesota Board of Water and Soil Resources (Clean Water Fund Grant) $250,000 Total Amount of Anticipated Expenditures in Stormwater Infrastructure Fund $350,000 ADOPTED by the Lakeville City Council this 4th day of October 2021 CITY OF LAKEVILLE Douglas P. Anderson, Mayor AT/TEST- Charlene ` Charlene Friedges, City Cl