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HomeMy WebLinkAbout97-084 CITY OF LAKEVILLE RESOLUTION Date April 21, 1997 Resolution 97-84 Motion By Holberg Seconded By Mulvihill RESOLUTION ADOPTING THE 1997 PARK DEDICATION 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, 1997. 1997 Revenues Residential Park Fees $ 360,000 Commercial Industrial Park Fees 75,000 Special Assessments - Aptus 6,495 Lakeville Softball Assn. 6,500 Total Revenues 447.995 Expenditures North Park special assessments (4263) 6,542 Other special assessments/taxes 530 Dodd Pointe Park grading/seeding/playground install 40,000 • Project design and engineering 50,000 Aronson Park fencing replacement 6,000 Commercial irrigation units (2) 12,000 Annual tree plantings 1,500 Park system signage 3,000 STS (project materials) 13,000 STS (labor) 7,000 Legal services -acquisition/construction 20,000 Picnic table construction 2,000 Cherryview Park landscaping 2,500 Orchard Lake Park retaining wall phase II 2,000 Picnic area grills (10 @ $200) 2,000 Special assessments: 91-3 CR46: CR5 - Ipava (Oakshore Park) 110,877 91-4 Downtown improvement project 49,118 CR46: Cedar -Pilot Knob (Valley Lake Park) 118,100 1997 Seal coating assessments 407 Highcroft plat land payment 10,261 Independence playground upgrade 30,000 Easement mapping 80Q Total Expenditures $ 487,535 • (continued) RESOLUTION ADOPTING THE 1997 . PARK DEDICATION FUND BUDGET (continued) 1997 Reserve for N.E. Park $ 60,000 Net Increase/(Decrease) (99,640) Fund Balance January 1, 135,733 Fund Balance December 31, $ 36.093 APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 21st day of April, 1997. CITY OF LAKEVILLE BY: • Duan Zaun, Mayor ~TTEST: ~J Charlene Friedges, City Cler •