HomeMy WebLinkAboutResolution - 98-52 - Advance Encumbrance of State Aid Highway Funds - 03/17/1998 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 98-52
RESOLUTION REQUESTING ADVANCE ENCUMBRANCE
OF STATE AID HIGHWAY FUNDS
WHEREAS, the City of Eden Prairie is planning on implementing Municipal State Aid Street
Projects in 1998, which will require State Aid funds in excess of those available in its State Aid
Construction Account; and
WHEREAS, the City of Eden Prairie 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, by the Eden Prairie City Council that the
Commissioner of Transportation is hereby requested to approve this advance for financing
approved Municipal State Aid Street Projects of the City of Eden Prairie in an amount up to our
annual construction allotment in accordance with Minnesota Rules 8820.1500, Subparagraph
10b, and to authorize repayments from the following year's accruals to the Construction Account
of the Municipal State Aid Street fund for said City.
ADOPTED by the Eden Prairie City Council on March 17, 1998.
)iean L. Harris, Mayor
ATTEST: SEAL
L
I/Fohn D. Frane, City Clerk
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