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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION 89-43 <br /> <br />CITY OF ELK RIVER <br /> <br />WHEREAS, <br /> <br />the City of Elk River has obtained the Commissioner's <br />approval of the plans for the following Municipal State <br />Aid Street Project: <br /> <br />M.S.A.S. No. 204-114-01 <br /> <br />Located on Tyler Street <br /> <br />Consisting of Urban Street Construction; and, <br /> <br />WHEREAS, said City is prepared to proceed with the construction <br />of said project by providing local funds to supplement <br />the available funds in its Municipal State Aid Street <br />Account; and, <br /> <br />WHEREAS, repayment of the funds so advanced by the municipality <br />is desired in accordance with the provisions of <br />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 this basis <br />for financing and construction project and to authorize <br />repayments from the subsequent accruals to the Construction <br />Account of Municipal State Aid Street Fund for said City within <br />the limitations provided by law and at the times and in the <br />amounts as herein indicated: <br /> <br />On or after February 1, 1990 - $162,700 from 1990 Allotment <br />On or after February 1, 1991 - $162,700 from 1991 Allotment <br /> <br />Passed and adopted by the City Council of the City of Elk River <br />this 19th day of June, 1989. <br /> <br />j ~0 ../ <br /> <br />,---2ft/V'V:-7_-LLL~' <br />James A. Tralle, Mayor . <br /> <br />ATTEST: <br /> <br />/#~ l? /~ <br /> <br />Patrick D. Klaers, City Administrator <br />