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HomeMy WebLinkAbout06-099 CITY OF LAKEVILLE Resolution o6-99 RESOLUTION ADOPTING THE 5-YEAR CAPITAL IMPROVEMENT PLAN 2006-2010 WHEREAS, the City Council (the Council) of the City of Lakeville, Minnesota (the City) has prepared the 5-Year Capital Improvement Plan 2006-2010. 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 2006-2010; 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; WHEREAS, the Planning Commission held a public hearing on July 6, 2006 and approved a motion stating the proposed 2006-2010 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 2006 - 2010 Capital Improvement Plan is hereby adopted. APPROVED AND ADOPTED this 17th day of July, 2006. CITY OF LAKEVILLE, r By: Robert D. Jo on, Mayor. ATTEST: Charlene Friedges, Ci erk