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CITY OF LAIO;VILLE
RESOLUTION
Date April 15, 1996 Resolution 96-55
Motion By Johnson Seconded By Mulvihill
RESOLUTION ADOPTING THE 1996
PARR 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, 1996.
1996
Revenues
Residential Park Fees $292,500
Commercial Industrial Park Fees 75,000
Interest on Investments 10,190
Special Assessments - NEI 6,495
Lakeville Softball Assn. 6,400.
Sale of Land for CR 46 ROW 17,060
Total Revenues 407,645
Expenditurea
Goose Lake second access acquisition 20,000
North Park special assessments 6,543
Other special assessments/taxes 1,593
Wayside Park survey, legal, acquire 3,000
High School land condemnation 81,850
Annual tree plantings 1,300
Park system signage 3,000
STS (project materials) 10,000
STS (labor) 6, 000
Bond Referendum design, eng. const. admin. 130,000
Architectual design (King Park shelter/restroom) 15,000
Legal Services - acquisition/construction 35,000
Orchard Lake Park retaining wall repairs 5,000
Pexa land acquisition 95,019
Aronson Park fencing replacement .6,000
Hockey Rink boards replacement (Bunker Hill/Parkview) 18,000
Picnic table construction 2,000
Ritter Park shelter grills (2) 650
Bunker Hill purchase private lot 36,000
Valley lake berm landscaping 20,000
Cherry view Park landscaping 3,000
Pexa property deferred assessments 13,000
Total Expenditures $511,955
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Net Increase/(Decrease) ($104,310)
Fund Balance January 1, 370,548
Fund Balance December 31, $266,238
APPROVED AND ADOPTED.. by the City Council of the City of
Lakeville, Minnesota, this 15th day of April, 1996.
CITY OF EVILLE
BY:
D ne Zaun, Ma o
(ATTEST:
T r
Charlene Friedges, City Clerk