HomeMy WebLinkAbout05-080 CITY OF LAKEVILLE
RESOLUTION
Date June 6, 2005 Resolution No. 05-80
Motion By Luick Seconded By Rieb
RESOLUTION ADOPTING THE 5-YEAR CAPITAL IMPROVEMENT PLAN
2005-2009 AND THE STREET RECONSTRUCTION PLAN
WHEREAS, pursuant to Minnesota Statutes Sections 475.521, 475.58 subdivision. 3(b),
and 473.859 subdivision.4(2), the City Council (the Council) of the City of Lakeville, Minnesota
(the City) has prepared the 5-Year Capital Improvement Plan 2005-2009, including a Street
Reconstruction Plan, (the Plan).
WHEREAS, during the course of the preparation and review of the Plan, the Council has
considered, for each capital improvement and for the Plan overall: 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
level of overlapping debt in the City; the relative benefits and costs of alternative uses of the
funds; operating costs of the proposed improvements; and alternatives for providing services
most efficiently through shared facilities with other cities or local government units; and
WHEREAS, the Plan covers at least afive-year period beginning with the date of its
adoption; 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; describes the streets to be reconstructed and any planned
reconstruction of other streets in the City over the next five years; and
WHEREAS, the City has published notice of its intent to adopt the Plan and the time and
date of the hearing to obtain public comment on the matter at least fourteen (14) but not more
thantwenty-eight {28) days prior to the date hereof; and
WHEREAS, the City has, on June 6, 2005, held a public hearing on the Plan.
BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota as follows:
SECTION 1: ADOPTION. The Plan is hereby adopted.
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APPROVED AND ADOPTED this 6th day of June, 2005.
CITY OF LAKEVILLE,
By:
Robert D. Johnso Mayor
A EST:
Charlene Friedges, City C
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