HomeMy WebLinkAbout4410 - ADMIN Resolution - City Council - 1971/12/20Original
RESOLUTION NO. 4410
DECEMBER 20, 1971
7A
RESOLUTION REQUESTING MAXIMUM ALLOTMENT FOR GENERAL
MAINTENANCE ON STATE AID STREET SYSTEM AND REQUESTING
THE STATE OF MINNESOTA TO TRANSFER FUNDS PURSUANT TO
CHAPTER 443 SESSION LAWS OF MINNESOTA 1965
WHEREAS, the cost of maintaini'g the Municipal State Aid Street System
in St. Louis Park, Minnesota has c::..ceded the present state aid maintenance
apportionment of $1,500.00 per mile of improved municipal state aid
streets, and
WHEREAS, the City needs additional funds to satisfactorily maintain
the Municipal State Aid System in St. Louis Park, and
WHEREAS, Section 5-801.7 of the Highway Regulations of the State
of Minnesota, Department of Highways, provides for a maximum of twenty-
five (25) percent of the total annual apportionment to be used for
maintenance, and
WHEREAS, the City of St. Louis Park has advanced to the State of
Minnesota certain monies for the construction of Trunk Highway 169
located on Excelsior Boulevard in the City of St. Louis Park, under
Agreement No. 54867-M, and
WHEREAS, in Article
and Chapter 443, Session
to have the highway user
Street Construction Fund
Maintenance Fund for the
City, and
XVI, Section 8 of the Minnesota Constitution
Laws of Minnesota for 1965 the City is permitted
funds allotted to the Municipal State Aid
transferred to its Municipal State Aid Street
payment of interest on bonds issued by said
WHEREAS, the City may subsequently be required to issue bonds to
pay for the advance given to the State and existing City accounts will
be required to bear interest costs for such bonds, therefore
BE IT RESOLVED by the City Courcil of the City of St. Louis Park
that an annual apportionment to St, 7,ouis Park, Minnesota of $50,000
be requested for maintenance of the Municipal State Aid Street System
for 1972, and that the City desires to have the Commissioner of Highways
of the State of Minnesota transfer $6,300.00 for the year 1972 which
represents 4.5% of the unpaid balance of said advance made under said
agreement from the Municipal State Aid Construction Fund to the
Municipal State Aid Maintenance Fund.
Adopted by the City Council December 20, 1971.
111.t.gailL /Ad
City Manager
Myor
Approved as to form and legality:
City At'6rney