1988-007 Council Resolution - Laserfiche WebLink

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• • • CITY OF LINO LAKES RESOLUTION # 07 - 88 WHEREAS, there is a need for additional funding for highways to preserve the existing roadways, reconstruct roads as necessary, and complete the incomplete system of roadways; and WHEREAS, the 1981 Minnesota State Legislature directed that the motor vehicle excise tax (MVET) be transferred to Transportation by increasing increments of 25% percent per biennium beginning with 1984 -85 biennium and ending with the total transfer in the 1990 -91 biennium; and WHEREAS, the 1981 Legislative law directed that of the amounts transferred to Transportation, 75% go to the Highway Users Tax Distribution Fund (HUTDF) and 25% to the Transit Assistance Fund (TAF); and WHEREAS, the 1983 Legislature, reacting to the State's general fund shortfall, delayed the MVET transfer to the 1986 -87 biennium; and WHEREAS, the 1984 Legislature modified the schedule by advancing the first phase of transfer to the year 1985 and was to continue through the 1986 -87 biennium; and WHEREAS, the 1986 Legislature acted to eliminate the transfer of MVET funds for the 1986 -87 biennium; and WHEREAS, the 1987 Legislature acted to eliminate the transfer of MVET funds for the 1988 -89 biennium; and WHEREAS, the roadway systems under the jurisdiction of State, County, City and Township can no longer be maintained to minimal standards utilizing current funding; and WHEREAS, the liveability of Minnesota is highly dependent upon its transportation system of which the roadway system is the major artery; and WHEREAS, a major portion of the roadway system in the state is over 40 years old and in need of major repairs or reconstruction; and WHEREAS, the roadway systems will continue to deteriorate at a faster rate than current funds will provide for future repairs or reconstruction; and