HomeMy WebLinkAbout97-305 CITY OF LAKEVILLE
• RESOLUTION
Date December 17, 1997 Resolution 97-305
Motion By Holberg Seconded By Sindt
RESOLUTION ADOPTING THE 1998
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, 1998.
1998
Revenues
Residential park fees (300 Units @ $900) $ 270,000
Commercial /Industrial fees 75,000
Lakeville Softball Association 5,000
Total Revenues 350 000
Expenditures
1998 Sealcoating 1,575
Park system signage (maintenance free prototype) 5,000
Reserve for Northeast Sector Park 120,000
Cherryview Park landscaping 2,500
Legal services acquisition /construction 15,000
Project design /engineering 45,000
STS labor 7,000
STS project materials (Marion Village trail and bridge, Studer
fence, miscellaneous retaining walls and fencing, etc.) 13,000
Picnic table construction 2,000
Annual tree plantings 1,500
Playground equipment upgrades (Oak Shores, Dodd Park) 55,000
Dodd Pointe tot lot 48,000
Security lights:
Various neighborhood parks 6,000
Casperson Park boat launch area 700
Paved hockey rinks (Dakota Heights and Parkview) 56,000
Replace rink boards at:
McGuire Rink #1 12,000
Dakota Heights Rink 10,000
Shingle McGuire warming house 2,000
Replace all eight toilets at Antlers Park 2,800
Replace all six sinks at Antlers Park 1,500
Turn lane/By-pass for King Park 49,000
Aronson Park backstops, fields 1-4, total replacement 13,000
Purchase bottom rail on outfield fences fields 1-4 at Aronson 2,400
• Wilkie Property Taxes 1,513
Christian Property Taxes 4,116
(continued)
• RESOLUTION ADOPTING THE 1998
PARK DEDICATION FUND BUDGET
1998
Expenditures (continued)
Special assessments:
North Park special assessments final 32,131
91-3 CR46: CR5 - Ipava (Oakshore Park) 110,877
CR46: Cedar -Pilot Knob (Valley Lake Park) 118,100
Total Expenditures $ 737,712
Net Increase/(Decrease) (387,712)
Fund Balance January 1, 543 339
Fund Balance December 31, 155.627
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 17th day of December, 1997.
• CITY OF LAKEVILLE
BY: f:~.
Du ne Zaun, Mayo
TTEST:
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Charlene Friedges, City Jerk