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HomeMy WebLinkAbout14-107 Budget Amendment 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 14-107 A RESOLUTION APPROVING AN AMENDMENT TO THE 2014 BUDGET FOR PROJECT EXPENDITURES CARRIED FORWARD FROM 2013 Motion By: Soukup Second By: Keeney WHEREAS, The 2014 Capital Park Fund and General Fund budgets were adopted on December 9, 2013; and WHEREAS, The 2014 Capital Park Fund and General Fund budgets do not reflect the revenues and expenditures associated with Park Dedication Fee Evaluation, Trail and Sidewalk Study, Lakefront Storage Building, Enclave Park, and trail and sidewalk work. These costs were originally included in the 2013 budget; and WHEREAS, The City has entered into agreements for certain services and improvements during 2013; and WHEREAS, The work for each of these projects was not completed in 2013 but will be completed in 2014. NOWTHEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1.The recitals set forth above are incorporated herein. 2.The 2014 Capital Park Fund and General Fund Parks Department budgets are amended in the amount of $20,436 and $82,519, respectively, for the remaining work to be completed in 2014. 3.Funding will be provided by the respective Fund reserves and project partner contributions. PASSED AND ADOPTED THIS 14 DAY OF JULY 2014. th VOTE Hedberg Keeney McGuire Morton Soukup Aye ☒☒☒☒☒ Nay ☐☐☐☐☐ Absent ☐☐☐☐☐ Abstain ☐☐☐☐☐ ______________________________ Frank Boyles, City Manager