HomeMy WebLinkAbout1998-05-06 PACKET 04.P.' REQUEST dF CITY COUNCIL ACTION COUNCI� AC3ENDA
NIEETII�G ITEM ##
DATE 05/06/98 .�•�.
PREPARED BY Pubiic Works Les Burshten
ORIGINATING DEPARTMENT STAFF AUTFIOR
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COUNCIL ACTION REQUEST
Adopt resolutian for advance encumbrance of state aid funds.
SUPPORTING DOCUMEIVTS
� MEMO/LETTER:
� RESOLUTION:
❑ ORDINANCE:
❑ ENGINEERING RECOMMENDATION:
❑ LEGAL RECOMMENDATION:
❑ OTHER:
ADMINISTRATORS COMMENTS:
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City Administrator Date
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COUNCIL AGTIO(V TAKEN: ❑ APPROVED ❑ DENIED ❑ OTNER
RESOLUTION NO. 98-
RESO�UTION FOR ADVANCE ENCUMBRANCE OF STATE AID FUNDS
WHEREAS, the City of Cottage Grove is planning to impiement Municipal
State Aid Street Project(s) in 1998 which wiii require state aid funds in excess of
those available in the State Aid Construction Account, and
WHEREAS, said city is prepared to proceed with the construction of said
project(s) through the use of advance encumbrances from the general State Aid
Construction Account, a�d
WHEREAS, repayment of funds so advanced by the municipality is
desired 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 Cottage Grove in an
amount up to $910,485 in accordance with t��linnesota Rules 882Q.1500,
Subparagraph 9, and to authorize repayments from the foilowing year's accruals
to the Construction Acccount of the Municipal State Aid Street Fund for said city.
I HEREBY CERTIFY that the above is a true and full copy of a resolution
presented to and adopted by the City of Cottage Grove, County of Washingto�,
State of Minnesota, at a duiy authorized meeting thereof held in the City of
Cottage Grove, Minnesota, as disclosed by the records of said city on file and of
record in the office.
Passed this 6th day of May, 1998.
John D. Denzer, Mayor
Attest:
Caron M. Stransky, City Clerk