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25-071 - Resolution - GO Bonds Series 2025A - Lino Lakes
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25-071 - Resolution - GO Bonds Series 2025A - Lino Lakes
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Last modified
6/11/2025 4:00:59 PM
Creation date
6/11/2025 2:55:12 PM
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City Council
Council Document Type
Resolutions
Resolution #
25-71
Resolution Title
Providing for the Issuance and Sale of General Obligation Bonds, Series 2025A, in the Maximum Aggregate Principal Amount of $8,665,000; and Taking Other Actions with Respect Thereto
Resolution Summary
Providing for the Issuance and Sale of General Obligation Bonds, Series 2025A, in the Maximum Aggregate Principal Amount of $8,665,000; and Taking Other Actions with Respect Thereto
Resolution Date Passed
05/27/2025
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budgetary and financial circumstances. No sources other than proceeds of the Bonds to be <br />issued by the City are, or are reasonably expected to be, reserved, allocated on a long-term <br />basis, or otherwise set aside pursuant to the City's budget or financial policies to pay such <br />original expenditures. This Resolution is intended to constitute a declaration of official intent <br />for purposes of the Reimbursement Regulations. <br />The motion for the adoption of the foregoing resolution was duly seconded by Member <br />S, ay-e! � , and upon vote being taken thereon, the following voted in favor of <br />the motion. <br />and the following voted against: <br />whereupon the resolution was declared duly passed and adopted. <br />. y 4 2, <br />Ro fferty, Mayor <br />ATTEST: <br />';gL444s <br />Roberta Colotti, CIVIC, City Clerk <br />
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