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HomeMy WebLinkAbout00-170 ,t~ly 15.19.98 STATE AID MANUAL Fig. 15-892.563 • RESOLUTION 2000-1~0 WHEREAS, the City of Lakeville (i8s) is planning on implementing Municipal State Aid Street Project(s) in 200o which will require State Aid funds in excess of those available in its 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 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: That the Commissioner of Transportation. be and is hereby requested to approve this advance for financing approved Municipal State Aid Street Project(s) of the City of Lakeville in an amount up to $ 1,4s5,42s.o4n 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 Street fund for said. City. I HEREBY CERTIFY that the above is a true and correct co of a resolution PY presented to and adopted by the City of Lakeville ,County of Dakota .State of Minnesota, at a duly authorized thereof held in the City of Lakev; i ~ P ,Minnesota on the 7th day of August , 'ts9t 2000, as disclosed. by the records of said City on file and of record in the office. 1 City-Clerk, arlen riedges City Of Lakeville (SEAL) ADVANCE ENCUMBRANCE -GENERAL STATE AID FUNDS (CITY) ~ w s~o~ ~ ocen~ ~ i~-tn~c AdrU00T 30172 revised Apri129, 7999 REPORT OF STATE AID CONTRACT S. .P. No. 188-020-10 ~~/City Lakeville (188) (Submit one report for each project number) Tied ro ects 1f an Richard Knutson, Inc. p j y)' Contractor name: Contractor location (city>: savage, IrIN Local Proj ID # (opdoeat): City Project 99-OS Performance bonds by: CGU Insurance Co. Total contract costs (~tt s~ and total projects): $ 2,153, 078.80 Letting Date: July 5, 2000 Project Funding: Funding below is for this project number only. Costs for projects or agreements tied to this project should not be included on this request. A separate Report of State Aid contract must be submitted for each project number. Account Type *(see types below) Regular STATE AID CONTRACT COSTS: Total contract costs (this SAP) $ 2 ,153, 078.80 $ $ Less: ineligible $ 124,127.20 $ $ Less: eligible -local funds used $ $ Force Account** $ $ $ ubtotalcontractcosts $ 2,028,951.60 $ $ O RSA ELIGIBLE COSTS: - Project Development (PE CE; 2~% max) $ 173, 491.01 * $ $ Right of `Vay $ 62, 566.55 $ $ Other $ $ $ (specify) TOTAL FUi~1DS REQUESTED $ 2,265,009.16 S S Remarks * Preliminary Engineering *Urban (titSAS). Regular (CS.~I-i). tunic. (CS.~f-I). Co. Turnback (CTB), tunic. Turnback (MTB), To«~n Bridse, Fund 29, State Park, SA Bonds '*[nclude cork by agency forces. ~InDOT forces. locally famished materials, railroad force account cork or utility Force account work I hereby certify that engineering costs requested above do not exceed actual costs. I hereby certify that the wage rates specified in the project contract equal or exceed the minimum hourly rates required for work on state funded construction projects as determined by the btinnesota Department of Labor and Industry. Payment and performance bonds for the full amount of the contract have been provided with aggregate liability of the bond(s) to twice the full amount of the contract. SIGNED: Date: ~/City Engineer APPROVED:. Date: District State Aid Engineer I July 14,1998 STATE AID MANUAL Fict. G 5-892.563 REQUEST TO RESERVE ADVANCED FUNDING - • The City of Lakeville (188) requests that the amount of $ 2 , 265 , 009.16 be reserved from the Regular Construction Account for the SAP(s) listed below based on the following determination of the estimated expenditures for calendar year 2000 Current Account Balance as of date 7/20/2000 $ 1, 350, 975.35 Less:. Estimated disbursements for new projects (include CE, PE, etc) SAP ~ 188-020-10 $ 2.265.009.16 SAP ~ $ Less: Estimated disbursements for project overruns SAP ~ $ SAP ~ $ SAP # $ Less: Other estimated dusbursements: Bond principal $ Previous year advance repayments $ Other $ Total Estimated disbursements $ 2 , 2 65 , 009.16 Amount in excess of account balance $ 914 , 003.81 Maximum advance allowable per guidelines below $ 1, 485 , 428.00 ADVANCE GUIDELINES CSAH & MSASAccount-Limited to the county's last construction allotment less any scheduled bond principal payments and/or advance encumbrance. repayments. MSAS Account -Municipalities with a total annual allotment of $500,000 or more are limited to the previous year's allotment. Municipalities with a total annual allotment of less than X500,000 are limited to three times the previous year's allotment or $500,000 which ever is less. In either case, the advance must be reduced by any scheduled bond principal obligations and/or advance encumbrance repayments. The County/City has either ina:rred an obligation, or anticipates incurring an obligation within approximately 8 weeks. These obligations are eligible for use of State Aid construction account funds. For constn;ction projects, a completed plan has been submitted for final State Aid approval. A County Board/City Council Resoluticn authorizing this advance funding is attached or has been previously submitted. Coun /C' En ineer Date e aforementioned project is eligible for advanced funding from the CSAH/MSAS General. Construction Account. State Aid Division Date SAH/MSAS Construction account funds in the amount of $ have been added to the County/City current year's construction allotment State Aid Finance Date