2012-61 CITY OF CHANHASSEN
CARVER COUNTY, MINNESOTA
DATE: November 13, 2012 RESOLUTION NO: 2012 -61
MOTION BY: McDonald SECONDED BY: Ernst
A RESOLUTION FOR ADVANCEMENT OF MSAS FUNDS FOR
THE HIGHWAY 101 (LYMAN BOULEVARD TO PIONEER TRAIL)
IMPROVEMENT PROJECT NO. 12 -06
WHEREAS, the City of Chanhassen is planning to implement Municipal State Aid
Street Project 194 - 010 -011 in 2013 that will require State Aid funds in excess of those available
in its State Aid Construction Account, and in the Flexible Highway Account (Municipal
Turnback Account); and
WHEREAS, City of Chanhassen is prepared to proceed with the construction of Project
194 - 010 -011 through the use of an advance from the Municipal State Aid Street Fund to
supplement the available funds in their State Aid Construction Account, and in the Flexible
Highway Account (Municipal Turnback Account); and
WHEREAS, the advance is based on the following determination of estimated
expenditures:
Account Balance as of date 10/30/12 $ -0-
Total Estimated Disbursements (194- 010 -011) $ 3,000,000
Advance Amount (amount in excess of acct balance) $ (3,000,000)
WHEREAS, repayment of the funds so advanced will be made in accordance with the
provisions of Minnesota Statutes 162.14, Subd. 6 and Minnesota Rules, Chapter 8820.1500,
Subp. 10b; and
WHEREAS, City of Chanhassen acknowledges advance funds are released on a first -
come- first -serve basis and this resolution does not guarantee the availability of funds; and
WHEREAS, based on current statutes, appropriation practices, and funding levels,
Municipal Turnback Account funds are expected to be available in 2016 to repay an advance
from Municipal State Aid Street Fund; and
WHEREAS, Minnesota Department of Transportation's Metropolitan District has
agreed, by the attached letter from Scott McBride, MNDOT Metropolitan District Engineer, to
Julie Skallman, State Aid Engineer, dated October 10, 2012, to repay the advance with district
funds if the Municipal Turnback Account does not receive appropriations sufficient to repay the
advance.
NOW, THEREFORE, BE IT RESOLVED by the Chanhassen City Council that the
Commissioner of Transportation is hereby requested to approve this advance for financing
approved City of Chanhassen Municipal State Aid Street Project 194 - 010 -011 in an amount up to
$3,000,000.00 to be repaid by the Municipal Turnback Account 91DM in 2016. The
Commissioner of Transportation hereby authorizes repayments from subsequent accruals to
Chanhassen's Municipal State Aid Street Construction Account from future year allocations until
fully repaid should the Municipal Turnback Account not receive appropriations sufficient to
repay the advance, and should Minnesota Department of Transportation's Metropolitan District
fail to repay the advance.
Passed and adopted by the Chanhassen City Council this 13 day of November, 2012.
ATTEST:
To Gerhardt, City Manager Thomas A. Furlong, Mayor
YES NO ABSENT
Furlong None Tjornhom
Ernst
Laufenburger
McDonald