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HomeMy WebLinkAbout96-056 F ' CITY OF LA'i~VILLE RESOLUTION Date April 15, 1996 Resolution 96-56 Motion Hy Johnson Seconded By Mulvihill RESOLUTION ADOPTING THE 1996 TRAIL DEDICATION FUND BUDGET HE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following Trail Dedication Fund Budget is hereby approved and adopted for the fiscal year ending December 31, 1996. 1996 Revenues Trail Dedication Fees $67,500 Escrow: 170th: Flagstaff - Pilot Knob 6,701 Transfer from 1994 Park Bond Fund 53,025 Interest on investments 6,068 Total Revenues 133,294 Expenditures 94-1 TH50: Dodd - Holyoke lighting 30,000 94-3 TH50: 202nd - 205th sidewalk 6,000 95-9 Jaguar: 165th to CR46 10,000 95-8 170th: Flagstaff - Pilot Knob 52,800 Klamath - Rock Island 25,900 Feasibility report - Klamath Trail 21,000 Total Expenditures 145,700 Net Increase/(Decrease) (12,406) Fund Balance January 1, 110,370 Fund Balance December 31, $97,964 (Continued) J (Continued) APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 15th day of April, 1996. CITY OF KEVILLE BY: Du ne Zaun, May ATTES Charlene Friedge City Clerk