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HomeMy WebLinkAboutResolution 93-63RESOLUTION 93 -63 CITY OF LAKE ELMO WHEREAS, The City of Lake Elmo has obtained the Commissioner's approval of the plans for the following Municipal State Aid Street Project(s): MSAP 206 - 103 -01 Jarnaca Avenue MSAP 206 -104 -04 Lake Jane Trail consisting of Right -o£ -way, Erosion Control, Grading, Aggregate Base, Retaining Walls, Concrete Curb and Gutter, Storm Sewer, Watermain, Bituminous Surfacing and. Restoration. WHEREAS, The portion of the total project cost that is eligible for State Aid Funds is estimated as follows: Construction (as bid) MSAP 206- 103 -01 $475,203.97 MSAP 206 - 104 -04 257.781.03 Subtotal $732,985.00 Engineering $131,937.00 Right- of-way $ 7 QQQ.00 Total $871,922.00 AND, WHEREAS, said City is prepared to proceed with the construction of said project(s) by providing local fiends to supplement the available funds in its Municipal State -Aid Street Account and, WHEREAS, repayment of the funds so advanced by the municipality is desired in accordance with the provisions of Minnesota Statutes 16214, Subdivision 6. 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 ass herein indicated: On or after Feb. 1., 1994 - $154,000 from 1994 Allotment On or after Feb. l., 1995 - $ 48,957 from 1995 Allotment ERTIFICATION 1, Mary Kueffner, duly appointed and qualified Administrator in and for the City of Lake Elmo, 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 17th day of August, 1993. (SEAL) City Administrator ° f City of Lake Elmo, Minnesota