HomeMy WebLinkAbout08-108CITY OF LAKEVILLE
Resolution os-io8
RESOLUTION ADOPTING THE 5-YEAR CAPITAL IMPROVEMENT
PLAN 2008 - 2012
WHEREAS, the City Council (the Council) of the City of Lakeville, Minnesota (the
City) has reviewed the 5-Year Capital Improvement Plan 2008 - 2012; and
WHEREAS, during the course of the preparation and review of the Capital Improvement
Plan, the Council has considered, for each capital improvement: the. condition of the City's
existing infrastructure, including the projected need for repair or replacement; the likely demand
for. the improvements; the estimated cost of the improvements; the available public resources; the
relative benefits and costs of alternative uses of the funds; operating costs of the proposed
improvements; and
WHEREAS, the Plan covers at least afive-year period of 2008 - 2012; sets forth the
estimated schedule, timing, and details of specific capital improvements by year, together with
the estimated costs, the need for the improvements, and sources of revenue to pay for the
improvements; and
WHEREAS, the Planning Commission held a public hearing on July 17, 2008 and
approved a motion stating the proposed 2008 - 2012 Capital Improvement Plan is consistent with
the City's Comprehensive Land Use Plan and recommended City Council approval and
adoption.
BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota as follows:
SECTION 1: ADOPTION. The 2008 - 2012 Capital Improvement Plan is hereby adopted.
APPROVED AND ADOPTED this 4th day of August, 2008.
CIZ
By:
ATTEST:
Charlene Friedges, City