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HomeMy WebLinkAbout84-023 1~. CITY OF LAKEVILLE RESOLUTION Date March 5, 1984 Resolution No. 84-23 Motion by Enright Seconded by Nelson RESOLUTION AUTHORIZING THE TRANSFER FROM STORM SEWER FUND TO PARK DEDICATION FUND WHEREAS, the development contact concerning Foxborough Addition dated. June 13, 1980, paragraph 11A, stated, "The City shall grant a credit of $1,500 per acre for the park property known as 0utlot A and credit for improvements made by the developer in developing Outlot A as a park."; and WHEREAS, paragraph 12 states, "The developer shall be granted credit for the costs of any oversized storm sewer improvements as determined by the city engineer; and WHEREAS, in a letter dated October 5, 1981, the engineer showed credits for park development in the amounts of $19,497.00 and $2,288.00 and storm sewer improvement credits of $37,274.50 and $27,537.00; and WHEREAS, such credits were applied accordingly on the 1981 finan- cialJrecords; and WHEREAS, in a letter dated February 16, 1984, the city engineer stated that $17,300 of improvement costs should have been credited to the Storm Sewer Fund instead of the Park Dedication Fund. NOW, THEREFORE, BE IT RESOLVED that the City Council hereby authorizes the transfer of $17,300 from the Storm Sewer Fund to the Park Dedication Fund. APPROVED AND ADOPTED by the City Council of the City of Lakeville this 5th day of March, 1984. CITY OF LAKEVILLE BY: ~ Duane Zaun, Ma r ATTE ~ ~ Patrick. E. McGarve , C ty Clerk 1