HomeMy WebLinkAbout26-048 Resolution Authorizing Funding and 2026 Budget Amendments and Transfers for Stormwater Management Improvements Along Firelight Way,CITY OF LAKEVILLE
RESOLUTION NO.26- ON g
RESOLUTION AUTHORIZING FUNDING AND 2026 BUDGET AMENDMENTS AND
TRANSFERS FOR
STORMWATER MANAGEMENT IMPROVEMENTS ALONG FIRELIGHT WAY,
CITY PROJECT 24-44
WHEREAS, Stormwater Management Improvements along Firelight Way, City Project 24-44, are
programmed in the adopted Lakeville 5-year Capital Improvement Plan (2025-2029).
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota:
The estimated project cost is $300,500 and anticipated funding sources are listed below. City staff
is hereby authorized to amend the 2026 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
Vermillion River Watershed JPO $ 194,300
Dakota County 10,000
Stormwater Infrastructure Fund 96,200
Total
300,500
ADOPTED by the Lakeville City Council this 201h day of April 2026.
Luke M. Hellier, Mayor
Tayl Snider, Deputy City Clerk