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<br /> -------------- <br /> ,-~' "I <br /> October 10,1996 Memorandum I <br /> MSAS Construction Funds .. <br /> Page 2 <br /> 3. The City has previously established a Capital Projects Fund (Lexington Avenue/County I <br /> Road I No. 409) to specifically fund future county projects. <br /> Recommendations I <br /> 1. Council should consider adopting Resolution No. 96-60 on the October 15, 1996 eonsent <br /> calendar which authorizes the City of Arden Hills to initiate a MSAS construction fund I <br /> disbursement request by advance encumbering $332,485.15 offuture year (1997 & 1998 and <br /> an estimated small portion of 1999) construetion allotments. <br /> 2. Council should consider directing staff to prepare support for an operating transfer from I <br /> Fund No. 409 to the PIR Fund to reimburse costs incurred in excess of non-assessable project I <br /> costs. <br /> 3. Council should consider directing staff to rename Fund 409 from "Lexington Avenue/County I <br /> Road I" to "County Project/Turnback" within the Capital Projects Funds category. <br /> eI <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> .. <br /> I <br />