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HomeMy WebLinkAbout97-045 CITY OF LAKEVILLE RESOLUTION Date March 3, 1997. Resolution No. 97-45 Motion By Holberg Seconded By Mulvihill RESOLUTION AUTHORIZING THE TRANSFER FROM ESCROW FUNDS TO THE TRAIL FUND WHEREAS, certain Development Agreements have required developers to escrow funds for future trail improvement projects; and WHEREAS, the City Council has approved a Trail Development Fund Budget which appropriates funding for said projects. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville that the following transfers are hereby authorized from the Escrow Fund to the Trail Development Fund: Dodd: CSAH50 -Ideal Escrow 9220: Kwik Trip $7,756.00 170`h Street: Flagstaff-Pilot Knob Escrow 9215: Kilkenny Pond $7,044.59 Escrow 9223: Kilkenny Pond 2nd $6,179.94 Escrow 9229: Farmington Elementary $7,613..84 Escrow 9240: Kilkenny Pond 3rd $ 326.99 Dodd Blvd/207`h Street Escrow 9200: Country Creek Estates $1,000.00 Marion Village II - Outlot C Escrow 9161: Marion Village II $2,939.22 APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 3rd day of March, 1997. CITY O LAKEVILLE By: Du ne Zaun, May TTEST: i Charlene Friedges, City Jerk