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2016-146 Council Resolution
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2016-146 Council Resolution
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6/14/2017 11:59:32 AM
Creation date
6/12/2017 2:07:55 PM
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City Council
Council Document Type
Resolutions
Meeting Date
10/24/2016
Council Meeting Type
Regular
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EXHIBIT C <br />NOTICE OF CALL FOR REDEMPTION <br />$5,550,000 <br />CITY OF LINO LAKES, MINNESOTA <br />TAXABLE GENERAL OBLIGATION IMPROVEMENT BONDS <br />SERIES 2005A <br />NOTICE IS HEREBY GIVEN that, by order of the City Council of the City of Lino Lakes, <br />Anoka County, Minnesota (the "City"), there have been called for redemption and prepayment on <br />February 1, 2017 <br />all outstanding bonds designated as the City's Taxable General Obligation Improvement Bonds, <br />Series 2005A, dated November 1, 2005, having stated maturity dates of February 1 in the years 2018 <br />through 2021, both inclusive, totaling $1,935,000 in principal amount, and with the following CUSIP <br />numbers: <br />Year of Maturity <br />2018 <br />2021 <br />Amount CUSIP <br />$ 445,000 <br />1,490,000 <br />536060 JJ6 <br />536060 JM9 <br />The bonds are being called at a price of par plus accrued interest to February 1, 2017, on which <br />date all interest on said bonds will cease to accrue. Holders of the bonds hereby called for redemption are <br />requested to present their bonds for payment at the main office of U.S. Bank National Association in the <br />City of Saint Paul, Minnesota, at the following address, on or before February 1, 2017: <br />U.S. Bank National Association <br />Corporate Trust Services <br />111 Fillmore Avenue East <br />St. Paul, MN 55107 <br />Important Notice: In compliance with the Economic Growth and Tax Relief Reconciliation Act of <br />2009, the paying agent is required to withhold a specified percentage of the principal amount of the <br />redemption price payable to the holder of any bonds subject to redemption and prepayment on the <br />redemption date, unless the paying agent is provided with the Social Security Number or Federal <br />Employer Identification Number of the holder, properly certified. Submission of a fully executed Request <br />for Taxpayer Identification Number and Certification, Form W-9 (Rev. December 2011), will satisfy the <br />requirements of this paragraph. <br />Dated: <br />C-1 <br />486981v1 JAE LN140-117 <br />BY ORDER OF THE CITY COUNCIL OF THE <br />CITY OF LINO LAKES, MINNESOTA <br />By /s/ Jeff Karlson <br />City Administrator <br />City of Lino Lakes, Minnesota <br />
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