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4/96 <br /> <br />The balance of the 1997-99 MSA funds that are not committed to the 1992 <br />bond are available for City use. If more funds are needed for street projects <br />than what are available, then the City can advance encumber monies or use <br />other City public improvement reserves to make the project work financially. <br />Additionally, a 1996 law change now allows cities to obtain an interest free <br />loan from the state aid pool of funds that have not been used by other <br />municipalities. The City may want to use this new financing tool if <br />additional funds are needed for City projects. <br /> <br />Beyond the potential projects listed below, it is anticipated that in 1996, <br />1997, and 1998, the city will need MSA funds to complete the 171st Avenue <br />upgrade project; the 197th signal project; and the School Street/Proctor <br />Avenue intersection signal and School Street project. <br /> <br />1996 Revenues (Excluding Bond Payment <br /> and previous commitments) <br />1997 Revenues (Excluding Bond Payment) <br /> <br />1998 Revenues (Excluding Bond Payment) <br /> <br />1999 Revenues (Excluding Bond Payment) <br /> <br />2000 Revenues <br /> <br />$100,000 <br />$405,000 <br />$405,000 <br />$405,000 <br />$590,000 <br /> <br />Eligible MSA Projects: <br /> 173rd/175th Avenues <br /> Railroad Drive and 3rd Street <br /> Dodge Avenue and 5th Street <br /> Main Street and Highway 10 <br /> <br />Liquor Store Road <br />Waco or Zebulon Street Bridge <br />School Street <br />County Roads I and 12 <br /> <br />Page 2 of 13 <br /> <br /> <br />