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<br /> <br /> <br />CITY OF LINO LAKES <br />RESOLUTION NO. 21-102 <br /> <br />RESOLUTION CANCELING THE 2021/2022 DEBT SERVICE TAX LEVY FOR G.O. <br />CAPITAL NOTE, SERIES 2016A <br /> <br />WHEREAS, a tax levy is scheduled for 2021 to be collected in 2022 to pay the debt service on <br />the G.O. Capital Note, Series 2016A; and, <br /> <br />WHEREAS, funds are available from other sources to satisfy such debt service requirements; <br />and, <br /> <br />WHEREAS, it is the desire of the City Council to cancel such debt service levy for 2021, <br />collectible in 2022. <br /> <br />NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Lino Lakes, <br />Minnesota, that the tax levy scheduled for 2021 to be collected in 2022 to pay the debt service on <br />the G.O. Capital Note, Series 2016A is hereby cancelled. <br /> <br /> <br />Adopted by the City Council of the City of Lino Lakes this 27th day of September, 2021. <br /> <br /> <br />The motion for the adoption of the foregoing resolution was introduced by Councilmember <br />_______________and was duly seconded by Councilmember ________________ and upon vote <br />being taken thereon, the following voted in favor thereof: <br /> <br />The following voted against same: <br /> <br /> <br /> <br />_______________________________ <br />Rob Rafferty, Mayor <br /> <br />ATTEST: <br /> <br />________________________ <br />Julianne Bartell, City Clerk <br /> <br />