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<br />~ <br /> <br />.~ <br /> <br />lj <br /> <br />RESOLUTION NO. 00-082 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />A RESOLUTION REQUESTING AN ADVANCE FROM THE MUNICIPAL STATE AID STREET <br />FUND FOR CALENDER YEAR 2000. <br /> <br />WHEREAS, The City of New Brighton has several approved Municipal State Aid Street projects <br />which have not been fully funded due to depletion of the City's construction fund balance in 2000, <br />and <br /> <br />Whereas, State Aid Operations rules, Chapter 8820.1500, subp. 10b. provide for municipalities <br />to request an advance from the Municipal State Aid Street Account if the Account contains <br />sufficient reserves, and <br /> <br />Whereas, the amount of the advance can not exceed $500,000 or the City's last year <br />apportionment, whichever is greater, and in no case may the advance exceed three times the <br />last year's apportionment, and <br /> <br />Whereas, the City of New Brighton's year 2000 annual apportionment for construction was <br />$418,495.00. <br /> <br />Now, THEREFORE, BE IT RESOLVED that the City of New Brighton does hereby request the <br />Commissioner of Transportation for an advance of $500,000 from the Municipal State Aid Street <br />Fund for calender year 2000. <br /> <br />Adopted by the City Council this 11 day of September, 2000. <br /> <br /> <br />ATTEST St~~o~ <br /> <br /> <br />1 ... . <br /> <br />\r~-\1,; (~ <br /> <br />Margar-ef. aA, Finance Director/City Clerk <br /> <br /> <br />SEAL <br /> <br />: <br />i <br /> <br />I :\SHARED\COUNCIL \Resolutions\2000\Engineering\msaadvance.wpd <br />