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HomeMy WebLinkAbout02-66 RESOLUTION 02-66 RESOLUTION AMENDING THE 2002-2006 CAPITAL IMPROVEMENT PROGRAM RELATING TO NEIGHBORHOOD PARK SIGNS. Motion By: PETERSEN Second By: GUNDLACH WHEREAS, the 2002-2006 Capital Improvement Program contemplates the acquisition and installation of 30 neighborhood park signs over 5 years at $10,000 for a total cost of $50,000; and WHEREAS, after soliciting written quotes for the fabrication of the signs and concrete work required for installation, it has become apparent that such action can be most effectively accomplished over a two-year rather than a five-year period; and WHEREAS, after soliciting quotations, the estimated total cost of such work is not $50,000 as allocated, but rather $69,690. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA that: 1. The recitals set forth above are incorporated herein. 2. The 2002-2006 Capital Improvement Program is hereby amended by the deletion of $10,000 allocations for each of the five years of the program for neighborhood park signs and one allocation for such signage be added in the amount of $69,690 in the year 2002 to be drawn from the Capital Park Fund. PASSED AND ADOPTED THIS 6t" DAY OF MAY, 2002. YES NO Haugen X Haugen Gundlach X Gundlach LeMair X LeMair Petersen X Petersen Zieska X Zieska City Manager, City of Prior Lake 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER