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CITY OF LINO LAKES <br />RESOLUTION NO.22-112 <br />CANCELING THE 2022/2023 DEBT SERVICE TAX LEVY FOR G.O. CAPITAL NOTE, <br />SERIES 2016A <br />WHEREAS, a tax levy is scheduled for 2022 to be collected in 2023 to pay the debt service on <br />the G.O. Capital Note, Series 2016A; 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 2022, <br />collectible in 2023. <br />NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Lino Lakes, <br />Minnesota, that the tax levy scheduled for 2022 to be collected in 2023 to pay the debt service on <br />the G.O. Capital Note, Series 2016A is hereby cancelled. <br />Adopted by the City Council of the City of Lino Lakes this 26th day of September, 2022. <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 />The following voted against same: <br />Rob Rafferty, Mayor <br />ATTEST: <br />Julianne Bartell, City Clerk <br />