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HomeMy WebLinkAbout2001-037 CCRMember Kay Lasman introduced the following resolution and moved its adoption: RESOLUTION NO. 2001-37 RESOLUTION REQUESTING ADVANCED DISBURSEMENT OF MUNICIPAL STATE AID FUNDS FOR STREET RECONSTRUCTION WHEREAS, the City of Brooklyn Center has implemented Municipal State Aid projects in 1996, 1997, 1998, 1999, 2000, and 2001 which will require State Aid Funds in excess of those available in its State Aid Construction Account; and WHEREAS, Brooklyn Center 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 its 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 City Council of the City of Brooklyn Center, Minnesota that the Commissioner of Transportation is hereby requested to approve this advance for financing approved Municipal State Aid Street Project(s) of the City of Brooklyn Center in an amount up to $300,000 in accordance with Minnesota Rules 8820.1500, Subparagraph 9, and to authorize repayments from the following year's accruals to the Construction Account of the Municipal State Aid Fund for Brooklyn Center. March 12, 2001 Date ATTEST: City Clerk *11-~ r-0d----f_ Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Fd Nelson and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kay Tasman, and Fd Nelson; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.