Laserfiche WebLink
CITY OF LINO LAKES <br />RESOLUTION NO. 16-123 <br />RESOLUTION CANCELING THE 2016/2017 DEBT SERVICE TAX LEVY FOR G.O. <br />BOND, SERIES 2014A <br />WHEREAS, a tax levy is scheduled for 2016 to be collected in 2017 to pay the debt service on <br />the G.O. Bond, Series 2014A; and, <br />WHEREAS, funds are available from other sources to satisfy such debt service requirements; <br />and, <br />WHEREAS, it is the desire of the City Council to cancel such debt service levy for 2016, <br />collectible in 2017. <br />NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Lino Lakes, <br />Minnesota, that the tax levy scheduled for 2016 to be collected in 2017 to pay the debt service on <br />the G.O. Bond, Series 2014A is hereby cancelled. <br />Adopted by the Council of the City of Lino Lakes this 26th day of September, 2016. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Maher and was duly seconded by Council Member Manthey and upon <br />vote being taken thereon, the following voted in favor thereof: <br />Maher, Manthey, Rafferty, Kusterman, Reinert <br />The following voted against same: <br />none <br />ATTEST: <br />