HomeMy WebLinkAboutCC RES 00-037 A RESOLUTION REQUESTING AUTHORITY TO ENCUMBER FUTURE MUNICIPAL STATE AID STREET ALLOCATIONS Meeting Sheet
IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII
ioasoo
Box: 31
Folder: RES 2000
Document: CC RES 00-037 A RESOLUTION REQUESTING AUTHORITY
TO ENCUMBER FUTURE MUNICIPAL STATE AID STREET ALLOCATIONS
CITY OF ST. ANTHONY
• RESOLUTION 00-037
A RESOLUTION REQUESTING AUTHORITY TO
ENCUMBER FUTURE MUNICIPAL STATE AID STREET
ALLOCATIONS
WHEREAS, the City of St. Anthony 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 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 St. Anthony in an amount up to $500,000 in accordance with Minnesota Rules 8820.1500,
•i Subparagraph 9, and to authorize repayments from the following year's accruals to the Construction
Account of the Municipal State Aid Street fund for said City.
CERTIFICATION
I HEREBY CERTIFY that the above is a true and correct copy of a resolution presented to and
adopted by the City of St. Anthony, Counties of Hennepin and Ramsey, State of Minnesota, at a duly
authorized meeting thereof held in the City of St. Anthony, Minnesota on the 9 day of
a.J , 2000, as disclosed by the records of said City on file and of record in the office.
Adopted this 9 day of , 20
A
yor
ATTEST:
City Clerk
• Reviewed by Administration:
City Manager