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The party receiving subject roadways as anticipated in this MOU (receiving <br />authority) will be compensated for each change of jurisdiction as follows: <br />1. All project funds allocated in the improvement programs of the <br />party transferring subject roadways as anticipated in this MOU (transferring <br />authority) will transfer to the receiving authority in the year designated in <br />the transferring authority's improvement program. Project funds will <br />include estimated construction funds. Project funds that are transferred <br />must be used on the transferred route; any interest accrued on such funds <br />must be used on roadways under jurisdiction of the receiving authority. <br />Note: At this time, no such projects are anticipated. <br />2. Municipal State Aid Turnback Account funds may be utilized by <br />the City for improvements to subject roadways transferred to the city <br />resulting from this MOU in accordance with Minnesota Rules 8820 in <br />effect on the date of the jurisdictional transfer, and Screening Board <br />Resolution Re: Trunk Highway Turnback - October 1967 (latest revision <br />June 1989). Additionally, if the City receives project funds under Article <br />111.1, turnback construction funds will be reduced by an equal amount. <br />3. Municipal State Aid System funds may be utilized by the City for <br />subject roadways transferred to the County under agreements resulting <br />from this MOU in accordance with Minnesota Rules Part 8820 in effect on <br />the date of the jurisdictional transfer, and Screening Board Resolution Re: <br />Trunk Highway Turnback - October 1967 (latest revision, June 1989). <br />3 <br />