HomeMy WebLinkAbout98-192 CITY OF LAKEVILLE
• RESOLUTION -
Date September 15, 1998 Resolution 98 192
Motion By Mulvihill Seconded By Holberg
RESOLUTION ADOPTING THE PRELIMINARY 1999
PARK AND TRAIL IMPROVEMENT FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following
Park Dedication Fund Budget is hereby approved and adopted for the fiscal year ending
December 31, 1999.
1999
Revenues
Residential park fees (400 Units @ $1,125) $ 450,000
Commercial /Industrial fees 50,000
Klamath phase III grant 64,876
Lakeville Softball Association 5,000
Interest revenue 9,942
Total Revenues 579,818
Expenditures
Rink paving (Meadows and Rolling Oaks) 66,000
Northeast Sector Park (community park reserve) 60,000
Sewer and water installation (Quigley-Sime) 35,000
Highview Heights (drain the and storm pipe-project restoration) 30,000
Rink light upgrades (Dakota Heights) 30,000
Rink light upgrades (Parkview) 30,000
Planning and Design:
Parks and open space system comp plan update 25,000
Aronson soccer feasibility study 4,000
Christian homestead site plan concept 2,000
Legal (acquisitions and easements) 5,000
Signage program (Aronson, North Park, and Quigley-Sime) 15,000
Playground upgrades (Orchard lake beach, structure and timbers) 15,000
Bleachers (King) 11,000
Security lights (Quigley-Sime, Kenreel) 2,500
STS project materials (retaining wall at King, fencing at King,
Quigley-Sime, Aronson, Cherryview, Highview Heights, and
Antlers volleyball) 15,000
STS labor (cost share with other cities) 7,000
Tree plantings 10,000
Picnic tables (10 new) 1,000
Park expansion (Cherryview frontage, 175th Street) 20,000
Taxes (property purchases) 5,000
Trails:
Engineering and surveys 25,000
. King trails to outlying fields 30,000
Klamath phase II 7,211
(continued)
1999
Trails: (continued)
Klamath phase III, ($64,876 grant) 250,000
Highview Heights 2,500
Share cost projects (Pilot Knob ($40,050, 45% / 55%) 18,000
Share cost projects (County road 5) 15,000
Share cost projects (Greenridge) 5,400
Kensington Parkway trail: Fairfield to 205th street 77,000
Ipava: 192nd t0 High School (Paradise Hills phase II, both sides, incl lights) 46,000
Ipava Parkway: 192nd to new Jr. High School 40,000
97-1 Heritage Drive: Holyoke -Town Square (south)
8' concrete sidewalk 23,000
Landscaping/trees/boulevard restoration 22,000
Zweber plat: access trail to Zweber woods 5,000
TOTAL EXPENDITURES 954,611
Net Increase/(Decrease)
Net increase/(decrease) (374,793)
Park Dedication Fund Balance January 1, 1999 307,180
Trail Dedication Fund Balance January 1, 1999 74 717
Fund Balance December 31, 1999 7.104
•
Reserve for Northeast Sector Park:
Reserve Balance January 1, 1999 120,000
1999 Reserve 60 000
Reserve Balance December 31, 1999 180.000
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 15th day of September, 1998.
CITY OF LAKEVILLE
BY:
Duane Zaun, Mayor
TTEST:
Charlene Friedges, City Cler