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<br /> <br /> <br />CITY OF LINO LAKES <br />RESOLUTION NO. 23-18 <br /> <br />ACCEPTING THE 2023-2027 FINANCIAL PLAN <br /> <br />WHEREAS, a Five-Year Financial Plan has been prepared in accordance with the Lino Lakes <br />City Charter Section 7.05; and <br /> <br />WHEREAS, the Financial Plan is a guiding document to be used for decision making; and <br /> <br />WHEREAS, preparation of the Financial Plan and annual budget are closely linked; and <br /> <br />WHEREAS, projects and financing sources outlined in the Financial Plan are not authorized <br />until the annual budget is adopted by Council. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lino Lakes, that: <br /> <br />1) A public hearing was held on the 2023-2027 Financial Plan. <br />2) The 2023-2027 Financial Plan is accepted as presented. <br /> <br />Adopted by the City Council of the City of Lino Lakes this 13th day of February 2023. <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 />Hannah Lynch, City Clerk <br /> <br />