HomeMy WebLinkAbout00-332 CITY OF LAKEVILLE
RESOLUTION
Date December 18, 2000 Resolution 00-332
.Motion By Luick Seconded By Mulvihill
RESOLUTION ADOPTING THE 2001
PARK DEVELOPMENT FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following
Park Development Fund Budget is hereby approved and adopted for the fiscal year ending.
December 31, 2001.
2001
Revenues
Residential park fees (275 Units @ $1,325) 825,000
Commercial /Industrial fees 50,000
Northeast sector park grant 295,350
Escrow -Marion Fields 3rd -Future Trail Upgrade 2,911
Escrow -Lakeview Estates 3rd -Future 205th Trail Upgrade 7,175
Escrow -Lakeview Estates 3rd -Future 205th Street Upgrade 27,475
Interest revenue 2,465
Total Revenues 1,210.,376
Expenditures
Northeast Sector Park ($295,350 grant) 295,350
Planning and Design 30,000
• -Valley Lake Park Redesign 2001
- Lakevilla Park Master Plan 2001
- Bury Property 2001
- Central Area PUD
- Park Building Pians and Renovations
Legal (acquisitions and easements)
- Bury Property 2001 65,000
Signage program (Dakota Heights, Bunker Hill and Meadows Parks) 10,000
Playground upgrades (Antlers Park) 60,000
STS project materials 15,000
STS labor (cost share with other cities) 9,500
Tree plantings 10.,000
Picnic tables (10 new 2000)(20 new 2001) 2,000
McGuire Soccer Park -Culvert installation (2) 4,000
Bunker Hill Park -Backstop & Benches 6,000
Lakeway Park - (Half Road Cost) 80,000
Lakevilla Park -Development. 272,000
Trails:
97-1 Heritage Drive: Holyoke -Town Square (south)
Lights -West side of Bridge 35,700
98-15 Highview/Garden View Realignment 50,700
165th Street Trail: Highview - 1,500' west 17,363
Highview Avenue Trail 165th Street - 172nd Street 100,000
97-19 Pilot Knob: CR 46 to 170th Street 26,000
Independence Park -Playground access trail 15,000
Antlers Park -Trail to CR 50 25,000
(continued)
(continued)
RESOLUTION ADOPTING THE 2001
PARK DEVELOPMENT FUND BUDGET
2001
Expenditures
Trails: (continued)
Hawthorn Heights Trail: Connect from Tarry Creek
Trail 10,400
Sidewalk 10,000
D.R. Horton Plat: Greenway east of Ipava to Dodd Rd. (1,500' @ $13) 20,000
West side of Ipava Parkway: North of 192nd Street (1,300'@ $13) 17,000
North side of 192nd Street: West of Ipava (2,200' @ $13) 30,000
Greenway through Lundgren Plat (3,600' @ $13) .47,000
East side of CR 50: Adjacent to Lundgren Plat (1,500' @ $13) 20,000
205th Street Trail Improvements 100,000
Bond repayment - 1996 Improvement (CR 46) 13,665
Bond repayment -Ipava Avenue 35,535
Developer Credits:
Vermillion Springs -Trail 66,000
Other 60,502
TOTAL EXPENDITURES 1,558,715
• Net increase/(decrease) (348,339)
Fund Balance January 1 397,161
Fund Balance December 31 48,822
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 18th day of December, 2000.
CITY OF L VILLE
BY:
wane Zaun, y
TTEST: 1
Charlene Friedges, ity Clerk