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Lakeville City Council adopts five‑year CIP, approves bond intent and street reconstruction plan

Lakeville City Council · October 7, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After a public hearing, the council adopted a five‑year capital improvement plan totaling about $316 million, approved related 2025 bond intentions (roughly $22.62 million in city bonding cited for 2025), and passed a separate five‑year street reconstruction plan.

The Lakeville City Council adopted its five‑year capital improvement plan (CIP) for 2025–2029 and approved related bond intentions after a public hearing and staff presentations.

Staff described the CIP as a planning document, not the city budget, and presented a five‑year project total of approximately $316,000,000 with 2025 projects totaling about $66,800,000. The presentation highlighted several large projects: planned expansion of 185th Street between Kenwood Trail and Ipava Avenue from two lanes to four, Dodd Boulevard…

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