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92-101 RES Attest: James A. Tralle, Mayor .. , . RESOLUTION 92 - 101 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION AGREEING TO USE MUNICIPAL FINANCING FOR COSTS IN EXCESS OF STATE GRA.NTS IN THE MATTER OF THE 1992 MAIN STREET BRIDGE REPLACEMENT PROJECT (S.P. 204-113-03) WHEREAS, the City of Elk River has applied to the Commissioner of Transportation for a grant (Fund 29) in the amount of $300,411.40 from the Minnesota State Transportation Fund for the reconstruction of the Main Street Bridge over the Elk River; and WHEREAS, said grant has been approved; . NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELK RIVER, MINNESOTA: 1. The City of Elk River does hereby affirm that any cost of the bridge in excess of the Fund 29 grant will be appropriated from funds available to the City, including municipal State Aid funds. 2. Any grant monies appropriated for the bridge, but not required based on the final estimate, shall be returned to the Minnesota State Transportation Fund. Passed and adopted this 12th day of October l 1992. J~/-;Caq . 030-0607 .oct