HomeMy WebLinkAbout96-188 CITY OF LAKEVILLE
RESOLUTION
Date November 4, 1996 Resolution 96-188
Motion By Sindt Seconded By Holbert
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 adopted for the fiscal year ending
December 31, 1996.
Adopted Amended
Budget Adiust Budget
Revenues
Bond proceeds 3,675,000 3,675,000
Reisenberg land sale 21,513 21,513
Interest earnings 169,967 16,011 185,978
Storm Sewer Trunk Fund -Cherryview Park 35,898 35,898
• Trail Escrows - 205th Trails - 33 398 33,398
Total Revenues x,866,480 85,307 3,951,787
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 160,000 26,000 186,000
Cherryview Neighborhood Park 245,150 35,898 281,048
Cherryview Underpass 46,340 46,340
Highview Heights/Goodview Estates 305,150 (9,989) 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 75,000
205th Street (incl. lighting) 55,000 46,398 101,398
• Klamath Trail 96,600 96,600
(continued)
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(continued)
• Adopted Amended
Budget Adjust Budget
Trail Construction Projects (continued)
Meadow Brook 33,000 33,000
Highview Avenue 50,000 50,000
Antlers Park/Ipava/CR 50 15,000 15,000
Trail Lighting Projects 62,100 (13,000) 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,866 480 85,.307 3,951 787
Net Increase/(Decrease) - - -
Fund Balance January 1, - - -
Fund Balance December 31, - - -
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this
• 4th day of November, 1996.
CITY OF KEVILLE
BY:
Duane Zaun, Mayo
TEST:
Charlene Friedges, City C k