HomeMy WebLinkAbout99-324 CITY OF LAKEVILLE
RESOLUTION
Date December 20, 1999 Resolution 99-324
Motion By Sindt Seconded By Mulvihill
RESOLUTION ADOPTING THE 2000
PARK DEVELOPMENT FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following
Park Development Fund Budget is hereby approved and adopted for the fiscal year ending
December 31, 2000.
2000
Revenues
Residential park fees (275 Units @ $1,325) $ 364,375
Commercial /Industrial fees 50,000
Northeast sector park grant 295,350
Kensington Park grant 28,028
Kensington Park grant (phase II, $24,707 in matching grant funds remain available) 62,265
Lakeville Softball Association (final payment in 2000) 2,782
Transfer from 1980 "C" Improvement Bonds 60,430
Interest revenue 11,243
Total Revenues 874,473
Expenditures
Northeast Sector Park (community park reserve, $295,000 grant) 530,700
Planning and Design -General 25,000
Legal (acquisitions and easements)- 10,000
Signage program (Kensington, Valley Lake Park, Greenridge) 10,000
Playground upgrades (Valley Lake Park and Bunker Hill Park) 100,000
Bleachers (retrofit existing) 7,000
Bleachers (new) 11,000
Security lights (Kensington, Greenridge, one yet to be determined) 6,000
STS project materials 15,000
STS labor (cost share with other cities) 9,500
Tree plantings 10,000
Picnic tables (10 new) 1,000
Taxes (property acquisitions) 5,000
Antlers shelter (electrical outlets) 2,000
Kensington Park Phase I -Final (grant $28, 028)
Seeding by City 10,000
Kensington Park Phase II (grant $28,000)
Playground 55,000
Basketball court 3,000
Basketball standard /hoop 2,500
Park benches (4 @ $800) 3,200
Infield backstop 6,000
Team benches (2 @ $600) 1,200
Security light (1) 2,200
Electric power source 5,000
Landscaping (trail arborvitae, trees, sod) 10,000
• Engineering 26,430
114,530
(continued)
RESOLUTION ADOPTING THE 2000
PARK DEVELOPMENT FUND BUDGET
(continued) 2000
Greenridge Park
Fine grading $ 6,000
Final seeding /sodding 8,000
Playground 55,000
Ballfield infield 4,500
Ballfield backstop 6,000
Team benches (2 @ $600) 1,200
20-car gravel parking lot 15,000
Signage ($250 -rules / $250 - ID) 500
Quarter-Court Basketball 6,000
Landscaping (trees, sod) 10,000
Security light 2,200
Electric power source 5,000
Bike rack 500
Engineering 35,970
155,870
Trails:
192nd Street - 44' Urban (CR 50 -West line Paradise Hills) 15,000
192nd/195th 44' New alignment (West line Paradise Hills - 195th/Dodd 35,000
Ipava: 192nd to Hlgh School (Paradise Hills phase II, both sides, incl lights) 33,700
Ipava Parkway: 192nd to new Jr. High School 79,000
97-1 Heritage Drive: Holyoke -Town Square (south)
Lights 20,000
8' concrete sidewalk 23,000
Landscaping/trees/boulevard restoration 22,000
98-15 Complete 165th Street: Highview - 1,500' west 17,363
Zweber plat: access trail to Zweber woods 5,000
Marion Fields trail extension 6,000
Valley Lake Park trail connection (160th) and trail widening 25,000
Bond repayment - 1996 Improvement (CR 46) 13,665
TOTAL EXPENDITURES 1,317,328
Net increase/(decrease) (442,855)
Fund Balance January 1, 2000 449,714
Fund Balance December 31, 2000 $ 6,859
(continued)
I b
RESOLUTION ADOPTING THE 2000
PARK DEVELOPMENT FUND BUDGET
(continued)
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 20th day of December, 1999.
CITY OF AKEVILLE
BY:
Duane Zau ayor -
TEST: ~ ~
T:
Charlene Friedges, City Cler