00-004 RESRESOLUTION 00 - 4
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION REQUESTING ADVANCE
MUNICIPAL STATE AID FUNDING
WHEREAS,
the City of Elk River is planning on implementing Municipal State
Aid Street Projects in 2000, 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 Construction Account to supplement that 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 the 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 the maximum in
accordance with Minnesota Rules 8820.1500, Subparagraph 10b, and to authorize
repayments from the following year's accruals to the Construction Account of t he
Municipal State Aid Street fund for said city.
Passed and adopted by the City Coun,cil of the City of Elk River this l0th day of
January 2000.
Stepha]~ie A. Klinzing, Mo~ !
ATTEST:
I hereby certify that the above 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 held in the City of Elk River, Minnesota on the 10th
day of January 2000, as disclosed by the records of said city on file and of record in the
office.