HomeMy WebLinkAbout24-034 Amending the 2023 Municipal State Aid Fund Budget (CP 24-04) CITY OF LAKEVILLE
RESOLUTION NO. 24-034
Resolution Amending the 2023 Municipal State Aid Fund Budget(CP 24-04)
WHEREAS,the City Council previously approved a JPA with Dakota County for construction of
improvements to 185t1i St(CP24-04),for which construction has been substantially completed; and
WHEREAS, the City has completed a review of costs by fund.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville,
Minnesota, as follows:
The estimated total cost of the project is $12,706,774, and is broken out by the cost types
noted below.
City staff is hereby authorized to amend the 2023 budgets and make the appropriate
transfers between funds and/or cost allocations with respect to the project costs below.
Total costs b fun Final estimate
Y
d
(Dec. 2023)
MSA-City(advanced by County) 2,989,192
MSA-City(not advanced by County) 661,726
MSA-Dakota County 5,575,103
Stormwater Infrastructure 865,807
Water Trunk 1,237,442
Sanitary Sewer Trunk 489,630
Park Dedication 758,073
Street Light Operating 129,802
Total 12,706,774
ADOPTED by the Lakeville City Council this 18�'day of March 2024. I
City of Lakeville:
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Lu e M. Hellier, Mayor
Ann Orl fsky, City Clerk