HomeMy WebLinkAbout25-075 Authorizing Funding and 2025 Budget Amendments and Transfers for North Creek Greenway Crossing at 170th StreetCITY OF LAKEVILLE
RESOLUTION NO.25- 0 -4 5
Resolution Authorizing Funding and 2025 Budget Amendments and Transfers
For North Creek Greenway Crossing at 170th Street
City Project 25-15
WHEREAS, the North Creek Greenway Crossing at 170th Street, City Project 25-15, is
programmed in the adopted Lakeville 5-year Capital Improvement Plan (2025-2029).
WHEREAS, construction materials testing and staking are being completed with City Project
25-01 (2025 Miscellaneous Roadway Repairs), and design, permitting, and construction is being
completed via a standalone contract with City Project 25-15.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota:
The estimated project cost for the standalone contract and related indirect costs is $416,572
and anticipated funding sources are listed below (does not include any costs to be completed
through City Project 25-01). City staff is hereby authorized to amend the 2025 budgets (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 Total
Dakota County Funding $ 354,086
Trail Improvement Fund 62,486
Total S 416,572
ADOPTED by the Lakeville City Council this 19th day of May 2025.
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Lu a M. Hellier, Mayor
Taylo nider, Deputy City Clerk