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01-26-15-R
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01-26-15-R
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1/23/2015 3:03:27 PM
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Page 1 of 2 <br /> <br />DATE: January 26, 2015 <br /> <br />TO: Honorable Mayor and City Councilmembers <br />Patrick Klaers, City Administrator <br /> <br />FROM: Terry Maurer, Public Works Director <br /> <br />SUBJECT: Municipal State Aid Advance Request <br /> <br />Requested Action <br /> <br />Adopt Resolution 2015-006 Requesting an Advance from the Municipal State Aid Street Fund <br />up to the amount of $1,100,000 for projects in 2015. <br /> <br />Background/Discussion <br /> <br />There are numerous projects happening in 2015 for which the City will have some financial <br />obligation. These include City led projects, Ramsey County led and MnDOT led projects. Much <br />of the City’s financial obligation for these projects is eligible for the use of Municipal State Aid <br />(MSA) Funds. <br /> <br />The total financial obligation is greater than the MSA funds the City has in its account. The <br />MSA system does allow cities to request an interest-free advance from the Municipal State Aid <br />Street Fund. The specific projects moving forward in 2015 and the City’s estimated financial <br />obligation for each is as follows: <br /> <br />1. Round Lake Road (Estimate Remaining MSA Eligibility) $267,000 <br />2. Lexington Avenue (Ramsey County) $ 77,700 <br />3. Lexington Avenue Right-of-Way (Ramsey County) $183,600 <br />4. County Road E $487,000 <br />5. Pine Tree Drive Sidewalk $ 43,600 <br />6. I-35W/Hwy 96 Interchange (Ramsey County) $140,000 <br />7. Lake Valentine Road Bridge (MnDOT) $150,000 <br />8. Mounds View High School Trail $250,000 <br /> <br /> <br /> <br /> <br />CONSENT ITEM – 5E <br /> <br /> <br />MEMORANDUM <br />
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