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RESOLUTION 03- <br /> <br />A RESOLUTION OF THE CITY OF ELK RIVER <br /> <br />A RESOLUTION REQUESTING THE MINNESOTA DEPARTMENT OF TRANSPORTATION <br />TO APPROVE ADVANCE FUNDING FOR THE TH 101MAIN STREET IMPROVEMENT <br />(SP 7102-99) FROM GENERAL MSAS ACCOUNT <br /> <br />WHEREAS <br /> <br />the City of Elk River is planning to construct SP 7102-99 (204-113-12) in 2003 <br />which has been programmed by the ATP in the STIP or work plan for 2005, and <br /> <br />WHEREAS <br /> <br />said City is prepared to proceed with the construction of said project through the <br />use of advance encumbrance from the General CSAH/MSAS Account to <br />supplement the available fund in their State Aid Construction Account, and <br /> <br />WHEREAS repayment of the funds so advanced will be made from Federal funds no later <br /> than the year in which the project has been programmed by the ATP. <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the Commissioner of Transportation be and is <br />herby requested to approve this advance for financing SP 7102-99 (204-113-12) of the City of <br />Elk River in an amount up to $338,632 in accordance with Minnesota Rules 8820.1500, <br />Subparagraph 9 or Subparagraph 10b, and to authorize repayments from their state aid account <br />or from local funds within a requested approved repayment schedule should said project fail to <br />receive Federal funds for any reason. <br /> <br />Stephanie A. Klinzing, Mayor <br /> <br />I hereby certify that the above is a true and correct copy of a resolution presented to, <br />and adopted by, the City of Elk River, State of Minnesota, on the 9th day of June, 2003. <br /> <br />ATTEST: <br /> <br />Sandra A. Peine, City Clerk <br /> <br />O:\PROJ\816600J\Res-060203-State Aid.doc <br /> <br /> <br />