HomeMy WebLinkAbout97-044 CITY OF LAKEVILLE
• RESOLUTION
Date March 3, 1997 Resolution 97-44
Motion By Holberg Seconded By Mulvihill
RESOLUTION AMENDING THE 1994
PARK BOND REFERENDUM FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following
Park Bond Referendum Fund Budget is hereby approved and amended for the fiscal year ending
December 31, 1997.
Adopted Amended
Budget Adjust Budget
Revenues
Bond proceeds 3,675,000 3,675,000
Reisenberg land sale 21,513 21,513
Interest earnings 185,978 19,329 205,307
Storm Sewer Trunk Fund -Cherryview Park 35,898 35,898
• Trail Escrows - 205th Trails 33,398 33,398
Transfer from the 1980 "B" Improvement Bonds 46,351 46,351
Grant -Juno Trail - 50,000 50 000
Total Revenues 3,951 787 115,80 4 067 467
Expenditures
Youth Athletic Complex 876,700 876,700
ADA Improvements 25,000 25,000
West Lake Marion Community Park 340,000 340,000
Ritter Farm Park 70,000 70,000
Casperson Park Playground 30,000 30,000
West Park Acquisition and Development 387,150 387,150
Meadow Brook Neighborhood Park 186,000 186,000
Cherryview Neighborhood Park 281,048 281,048
Cherryview Underpass 46,340 46,340
Highview Heights/Goodview Estates 295,161 295,161
Antlers Park 40,000 40,000
Valley Lake Community Park 472,000 472,000
Meadows Neighborhood Park 30,000 30,000
Rolling Oaks Neighborhood Park 30,000 30,000
Northeast Sector Community Park 240,000 240,000
Trail Construction Projects
• Juno Trail (incl. light and underground) 75,000 50,000 125,000
205th Street (incl. lighting) 101,398 65,680 167,078
(continued)
~ Y
(continued)
Adopted Amended
• Budget Adiust Budget
Trail Construction Projects (continued)
Klamath Trail 96,600 96,600
Meadow Brook 33,000 (33,000) -
Flagstaff: 170th - Kenridge 33,000 33,000
Highview Avenue 50,000 50,000
Antlers Park/Ipava/CR 50 15,000 15,000
Trail Lighting Projects 49,100 49,100
ISD # 194 Land Acquisition 100,000 100,000
Less bond discount and issuance costs 80,140 80,140
Miscellaneous Expenditures 2 150 - 2,150
Total Expenditures x.,951,787 115,680 4,067,467
Net Increase/(Decrease) - - -
Fund Balance January 1, - - -
Fund Balance December 31, - - -
APPROVED AND AMENDED by the City Council of the City of Lakeville, Minnesota, this
3rd day of March, 1997.
CITY OF KEVILLE
BY:
Dua a Zaun, Mayor
.TEST:
Charlene Friedges, City Jerk
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