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94-077 RES e e e RESOLUTION !lI:rJ. 7 CITY OF ELK RIVER WHEREAS, the City of Elk River has obtained the Commissioner's approval of the plans for the following Municipal State Aid Street Project(s): S.A.P. No. 204-107-04 M.S.A.S. No. Located ~chno1 ~trt~.et Consisting of ~trpet ~nd Sicfp.w~t'k Improvement~ S.A.P. No. 204-010-0':\ M.S.A.S. No. Located Tn'mk Hiehw~y 10 Consisting of Turn T ~ne Tmprovement~ S.A.P. No. 204-124-02 M.S.A.S. No. Located FTP.eport A venue. Consisting of Traffic Signal Improvements S.A.P. No. 204-010-02 M.S.A.S. No. Located Tmnk Hiehw~y 1 nC) Consisting of Turn T.~ne Tmprovement~ S.A.P. No. '04-104-04 M.S.A.S. No. Located J~chon A vp.nlle Consisting of S:frp.et ~ncf Sidew~tk Improvements AND, WHEREAS, said City is prepared to proceed with the construction of said project(s) by providing local funds to supplement the available funds in its Municipal State-Aid Street Account. WHEREAS, repayment of the funds so advanced by the municipality is desired in accordance with the provisions of Minnesota Statutes 162.14, Subdivision 6. e NOW, THEREFORE, BE IT RESOLVED: That the Commissioner of Transportation be and is hereby requested to approve this basis for fInancing and construction project(s) and to authorize repayments from the subsequent accruals to the Construction Account of Municipal State Aid Street Fund for said City within the limitations provided by law and at the times and in the amounts as herein indicated: On or after Feb. 1, 1996 - $ 1 RR 000 , from 1996 Allotment On or after Feb. 1, 1997 - $ lRR,OOO from 1997 Allotment On or after Feb. 1, 1998 - $ 1 RR,OOO from 1998 Allotment CERTTFTC.A TTON e I, Sandra Thackeray, duly appointed and qualified Clerk in and for the City of Elk River, State of Minnesota, do hereby certify that the above is a true and full copy of a resolution adopted by the City Council assembled in regular session on the 18th day of July, 1994. (SEAL) J~ d;A~7C Sandra Thackeray, City Clerk City of Elk River Submit: 2 copies - S. A. Section ooo.lr04Jun e