HomeMy WebLinkAbout10-060CITY OF LAKEVILLE
RESOLUTION NO. 10 -60
RESOLUTION ADOPTING THE 5 -YEAR
CAPITAL IMPROVEMENT PLAN 2011 -2015
WHEREAS, the City Council (the Council) of the City of Lakeville, Minnesota (the
City) has reviewed the 5 -Year Capital Improvement Plan 2011 -2015.
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 a five -year period of 2011 -2015; 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 8, 2010 and
approved a motion stating the proposed 2011 -2015 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 2011 -2015 Capital Improvement Plan is hereby adopted.
APPROVED this 7 th day of September 2010.
CI1
ATTEST:
Friedges, City