Laserfiche WebLink
<br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION 92 - 50 <br /> <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION REGARDING ADVANCE ENCUMBRANCE <br />OF MUNICIPAL STATE AID CONSTRUCTION FUNDS <br /> <br />WHEREAS, the City of Elk River has obtained the <br />Commissioner's approval of the plans for the following <br />Municipal State Aid Street Project: <br /> <br />S.A.P. No. 204-113-06 <br /> <br />Located on Main Street and Orono Road <br /> <br />Consisting of Street and Storm Drainage Improvements; <br />and, <br /> <br />WHEREAS, said City is prepared to proceed with the <br />construction of said project by providing local funds <br />to supplement the available funds in its Municipal <br />State Aid Street Account; and, <br /> <br />WHEREAS, repayment of the funds so advanced by the <br />municipality is desired in accordance with the <br />provisions of Minnesota Statutes 162.14, Subdivision 6. <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the Commissioner of <br />Transportation be and is hereby requested to approve <br />this basis for financing and construction project and <br />to authorize repayments from the subsequent accruals <br />to the Construction Account of Municipal State Aid <br />Street Fund for said City within the limitations <br />provided by law and at the times and in the amounts as <br />herein indicated: <br /> <br />On or after February 1, 1993 - $220,000 from 1993 <br />Allotment <br />On or after February 1, 1994 - $220,000 from 1994 <br />Allotment <br />On or after February 1, 1995 - $220,000 from 1995 <br />Allotment <br /> CERTIFICATION <br /> <br />I, Patrick D. Klaers, duly appointed and qualified <br />Administrator in and for the City of Elk River, Minnesota, do <br />hereby certify that the above is a true and full copy of a <br />resolution adopted by the City Council assembled in regular <br />session on the 15th day of June, 1992. <br /> <br />(SEAL) <br /> <br />lli/Ut/ Z? a~ <br /> <br />Patrick D. Klaers, City Administrator <br />City of Elk River <br /> <br />Submit: <br />2 copies - S.A. Section <br />