RESO 25-129 - Approving Budget Adjustments for Civic Center Campus CostsRESOLUTION NO. 25-129
RESOLUTION APPROVING BUDGET ADJUSTMENTS FOR PLANNING AND DESIGN
COSTS FOR THE CIVIC CENTER CAMPUS
WHEREAS, the City Council adopted Resolution No. 24-073 at the December 3,
2024 Council Meeting adopting the 2025-2034 Capital Improvement Plan; and
WHEREAS, the City has continued to pursue design and planning services for a
comprehensive Civic Center Campus redesign; and
WHEREAS, the City has resources available for the cost of planning and design
work that were not previously budgeted for use in 2025 as part of the 2025-2034 Capital
Improvement Plan; and
WHEREAS, the City is proposing to engage with a contractor for the Civic Center
Master Plan to be funded by the ongoing collection of Local Sales Tax which is an eligible
use of that funding source; and
WHEREAS, sufficient local sales tax revenue has been collected to date to fund the
costs of design work on the Civic Center Campus.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Golden
Valley hereby authorizes and directs the Finance Director to make any and all necessary
alterations to the approved budget of the City, including increasing the Transfer Out budget
in the Local Sales Tax Fund (02070) by $500,000; increasing the Transfer In budget in the
Building Capital Project Fund (05200) by $500,000; and increasing the Capital Outlay
budget in the Building Capital Project Fund (05200) by $500,000.
Adopted by the City Council of Golden Valley, Minnesota this 16th day of December, 2025.
Gillian Rosenquist, Mayor Pro Tempore
ATTEST:
Theresa J. Schyma, City Clerk
Docusign Envelope ID: 0091429B-3F80-4023-95AC-5376109D23BA