99-004 RESRESOLUTION 99- 4
WHEREAS,
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION REQUESTING ADVANCE
MUNICIPAL STATE AID FUNDING
the City of Elk River is planning on implementing Municipal
State Aid Street Projects in 1999 which will require State
Aid funds in excess of those available in its State Aid
Construction Account, and;
WHEREAS,
said city is prepared to proceed with the construction of said
projects through the use of advance encumbrances from the
general State Aid Constructio~ Account to supplement the
available funds in their State Aid Construction Account, and;
WHEREAS,
repayment of the funds so advanced will be made in
accordance with the provisions of Minnesota Statutes 162.14,
Subdivision 6 and Minnesota Rules, Chapter 8820.
NOW, THEREFORE, BE IT RESOLVED, that the Commissioner of
Transportation be and is hereby requested to approve this advance for
financing approved Municipal State Aid Street Projects of the City of Elk
River in an amount up to $500,000.00 in accordance with Minnesota Rules
8820.1500, Subparagraph 10b, and to authorize repayments from the
following year's accruals to the Construction Account of the Municipal State
Aid Street fund for said City.
Passed and adopted by the City Council of the City of Elk River this 11th day
of January, 1999.
S~ie A. Klinz~ng, Mayor
ATTEST:
S~andra A. Peine, City Clerk
State of Minnesota )
)ss
County of Sherburne )
CERTIFICATION
I HEREBY CERTIFY that the attached is a true and correct
copy of a resolution presented to and adopted by the City of Elk River,
County of Sherburne, State of Minnesota, at a duly authorized session
thereof in the City of Elk River, Minnesota on the 11th day of January, 1999,
as disclosed by the records of said City on file and of record in the office.
Sandra A. Peine, City Clerk