HomeMy WebLinkAbout02-164 Au ust i9 zoo2 LUTION NO.: 02-164
DATE; g RESO
MOTION BY: xieb SECONDED BY: Mulvihill
RESOLUTION AUTHORIZING ADVANCE ENCUMBRANCE OF
MUNICIPAL STATE AID FUNDS
CSAH 60/1-35 INTERCHANGE
CITY IMPROVEMENT PROJECT 99-12
WHEREAS, the-.City of Lakeville has obtained the Commissioner of Transportation's
approval of the plans for the following. Municipal State Aid Street Projects:
S.A.P. No. 1.88-010-03 M.S.A.S. No. 010
Location is the CSAH 6011-35 Interchange, and consists of south interchange ramps.
S.A.P. No: 188-118-01 M.S.A.S. No. 118
Location is the CSAH 60/I-35 Interchange, and consists of the realignment of the southeast
frontage road; and
WHEREAS, the City of Lakeville is re ared to roceed with the construction of these
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said projects by providing local funds to supplement the available funds in its Municipal State-
Aid 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 Tra ~ sportation be and
is hereby requested to approve this basis for• financing said constructio projects and to
authorize repayments from the subsequent accruals to the Construction Ac punt of .Municipal
State-Aid Street fund for the City of Lakeville within the limitations provided ~y law at the times
and in the amounts as herein indicated:
On or after February 1, 2002- $1,508,642.00 from 2003 Allotment
On or after February 1, 2003 - $1,508,642.00 from 2004 Allotment
On or after February 1, 2004 - $580,638.00 from 2005 Allotment
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APPROVED AND ADOPTED this 19t" day of August, 2002
1 L KE'VILLE
BY:
ert D. Johns ,Mayor.
A T S
Charlene Friedges, ' y Jerk
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