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� �� � . <br /> � O O <br /> �e - CITY of ORONO <br /> � � <br /> �� G'ti RESOLUTION OF THE CITY COUNCIL <br /> �9kEsH�g'� . . NO. � 1 � � <br /> . RESOLUTION TO REQUEST ADVANCED STATE AID FUNDING <br /> WHEREAS, the City of Orono is planning on implementing Municipal State Aid <br /> Street Project(s)in 1998/1999 which will require State Aid fiznds in excess of those available in its <br /> State Aid Construction Account, and <br /> WHEREAS,said City is prepared to proceed with the construction of said project(s) � <br /> through the use of advance encumbrances from the general State Aid Construction Account to <br /> supplement the available funds in their State Aid Construction Account, and <br /> WI�REAS,repayment of the funds so advanced will be made in accordance with <br /> the provisions of Minnesota Statutes 162.14, Subdivision 6 and Minnesota Rules, Chapter 8820. <br /> • NOW, THEREFORE, BE IT RESOLVED: That the Commissiorier of <br /> • Transportation be and is hereby requested to approve this advance for financing approved Municipal � <br /> State Aid Street Projects of the City of Orono in an amount up to $500,000 in accordance with <br /> Minnesota Rules 8820.1500, Subparagraph lOb, and to authorize repayments from the following <br /> year's accruals to the Construction Account of the Municipal State Aid Street fund for said City. <br /> Adopted by the City Council of the City of Orono, Minnesota on the 24th day of <br /> August, 1998. � � ' <br /> ATTEST: <br /> � Gabriel bour, Mayor <br /> ,, . . <br /> �v � - .�2-� . <br /> (/ , . <br /> Linda S. Vee, City Clerk <br /> � <br />