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RESOLUTION 00- <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> A RESOLUTION REQUESTING <br /> ADVANCE MUNICIPAL STATE AID FUNDING <br /> <br /> WHEREAS, the City of Elk River is planning on implementing Municipal State Aid <br />Street Projects in 2000 which will require State Aid funds in excess of those available in its State <br />Aid construction Account, and <br /> <br /> WHEREAS, said city is prepared to proceed with the construction of said projects <br />through the use of advance encumbrances from the general State Aid Construction Account to <br />supplement the available funds in their State Aid Construction Account, and <br /> <br /> WHEREAS, repayment of the funds so advanced will be made in accordance with the <br />provisions of Minnesota Statutes 162.14, Subdivision 6 and Minnesota Rules, Chapter 8820. <br /> <br /> NOW, THEREFORE, Be It Resolved: That the Commissioner of Transportation be and <br />is hereby requested to approve this advance for financing approved Municipal State Aid Street <br />Projects of the City of Elk River in an amount up to the maximum in accordance with Minnesota <br />Rules 8820.1500, Subparagraph 10b, and to authorize repayments from the following year's <br />accruals to the Construction Account of the Municipal State Aid Street fund for said City. <br /> <br /> I HERERBY CERTIFY that the above is a true and correct copy of a resolution <br />presented to and adopted by the City of Elk River, County of Sherburne, State of Minnesota, at <br />a duly authorized session thereof held in the City of Elk River, Minnesota on the 10th day of <br />January, 2000, as disclosed by the records of said City on file and of record in the office. <br /> <br />Sandra A. Peine, City Clerk <br />City of Elk River <br /> <br />O:\PROJ',230000M\Resolution- SA Funds.doc <br /> <br /> <br />