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INNESO
RESOLUTION APPROVING REQUEST FOR ADVANCED ENCUMBRANCE
OF GENERAL STATE AID FUNDS FOR 1997
RESOLUTION 96-50
MOTION BY: Kedrowski
SECONDED BY: Schenck
WHEREAS, the City of Prior Lake is planning on implementing Municipal State Aid Street Projects
in 1996 which will require State Aid funds in excess of those available in its State Aid
Construction Account, and
WHEREAS, said City of Prior Lake 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 CITY COUNCIL OF PRIOR LAKE,
MINNESOTA, that the Commissioner of Transportation be and is hereby requested to approve this
advance for financing approved Municipal State Aid Street Projects of the City of Prior Lake in an
amount up to $302,231 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 Street fund for said city.
I HEREBY CERTIFY that the above is a true and correct copy of a resolution presented to and adopted
by the City of Prior Lake, County of Scott, State of Minnesota, at a duly authorized meeting thereof held
in the City of Prior Lake, Minnesota on the 6th day of May, 1996, as disclosed by the records of said
City on file and of record in the office.
Passed and adopted this 6th day of May, 1996.
YES NO
Andren X Andren
Greenfield X Greenfield
Kedrowski X Kedrowski
Mader X Mader
Schenck X Schenck
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RES9650.DOC
16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
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