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<br />. <br /> <br />RESOLUTION 88 - ~ <br />RESOLUTION FOR THE CITY OF ELK RIVER <br />A RESOLUTION REQUESTING THE ADVANCE ENCUMBRANCE <br />FROM CITY LOCAL FUNDS TO CITY REGULAR ACCOUNT <br /> <br />WHEREAS. The City of Elk River has obtained the Commissioner's <br />approval of the plans for the fol lowing Municipal State-Aid Street <br />Proj ects: <br /> <br />M.S.A.S. No. 204-113-04 <br />Located on Main Street between T.H. 10 and Upland Avenue <br />Consisting of Street and Storm Drainage Improvements <br /> <br />M.S.A.S. No. 204-101-01 <br />Located on Proctor Avenue between T.H. 10 and Main Street <br />Consisting of Street and Storm Drainage Improvements <br /> <br />M.S.A.S. No. 204-104-02 <br />Located on Jackson Avenue Between T.H. 10 and Main Street <br />Consisting of Street and Storm Drainage Improvements <br /> <br />- <br /> <br />AND. WHEREAS. said City is prepared to proceed with the <br />construction of said projects by providing local funds to <br />supplement the available funds in its Municipal State-Aid Street <br />Account. <br /> <br />WHEREAS. repayment of the funds so advanced by the municipality is <br />desired in accordance with the provisions of Minnesota Statues <br />162.24, Subdivision 6. <br /> <br />NOW. THEREFORE. BE IT RESOLVED: That the Commissioner of <br />Transportation be and is hereby requested to approve this basis <br />for financing and construction project and to authorize repayments <br />from the subsequest accruals to the Construction Account of <br />Municipal State-Aid Street Fund for said City within the <br />iimitations provided by law and at the times and in the amounts as <br />herein indicated: <br /> <br />On or after Feb. I, 1989 - $ 96.750 from 1989 Allotment <br />On or after Feb. I, 1990 - $ 7.500 from 1990 Allotment <br />CERTIFICATION <br /> <br />I, Patrick D. Klaers, duly appointed and qualified Clerk in and for the <br />City of Elk River, State of Minnesota, do hereby certify that the above is a <br />true and full copy of a resolution duly adopted by the City Council <br />assembled in regular session on the 22 day of February, 1988. <br /> <br />-d?k;fl? J::P~ <br /> <br />City Clerk, Patrick D. Klaers <br />