HomeMy WebLinkAbout92-128 CITY OF LAKEVILLE
RESOLUTION
DATE August 3, 1992 RESOLUTION NO. 92-128
MOTION BY Harvey SECONDED BY Sindt
RESOLUTION APPROVING ADVANCE ENCUMBRANCE
OF STATE AID FUNDS
IPAVA AVENUE EXTENSION
IMPROVEMENT PROJECT 91-2
WHEREAS the City of Lakeville has obtained the Commissioner's approval of the
plans- for the following Mumcipal State Aid Street Project:
S.A.P. No. 188-101-OS
Located Ipava Avenue from T.H. 50
i to 0.517 Miles North (New High School)
Consisting of Grading, Aggregate Base, Curb and Gutter,
Bituminous Surfacing, and Storm Sewer.
WHEREAS, said City is prepared to proceed with the construction of said
project by providing local funds to supplement the available funds in its Municipal
State Aid Street Account.
AND, WHEREAS, repayment of the funds so advanced by the municipality is
desired in accordance with the provisions of Minnesota Statutes 162.14, Subdivision 6.
NOW, THEREFORE, BE IT RESOLVED that the Commissioner of Transportation be and
is hereby requested to approve this basis for financing and construction of the
project and to authorize repayment from the subsequent accruals to the Construction
Account of Municipal State Aid Street Fund for said City within the limitations
provided by law, and at the. times and in the amounts as herein indicated:
On or after Febr. 1, 1992 - $180;876.70 from 1992 allotment,
On or after Febr. 1, 1993 - $199,144.91 from 1993 allotment.
CITY MLLE
By:
ane Zaun; y r
. ATTEST:
Charlene Friedges, City lerk