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CITY OF LINO LAKES <br />RESOLUTION NO. 12-93 <br />RESOLUTION CANCELING THE 2012/13 DEBT SERVICE TAX LEVY FOR G.O. <br />TAX INCREMENT FINANCING BOND SERIES 2007A <br />WHEREAS, a tax levy is scheduled for 2012 to be collected in 2013 to pay the debt service on the <br />G.O. Tax Increment Financing Bonds, Series 2007A; 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 2012 <br />collectible in 2013. <br />NOW, THEREFORE, BE IT RESOLVED by The City Council of The City of Lino Lakes, <br />Minnesota that the tax levy scheduled for 2012 to be collected in 2013 to pay the debt service on <br />the G.O. Tax Increment Financing Bonds, Series 2007A is hereby cancelled. <br />Adopted by the Lino Lakes City Council this 10th day of September, 2012. <br />The motion for the adoption of the foregoing-resolution was introduced by Council Member <br />and was duly seconded by Council Member and upon vote being <br />taken thereon, the following voted in favor thereof: <br />The following voted against same: <br />Jeff Reinert, Mayor <br />ATTEST: <br />Julianne Bartell, City Clerk <br />• <br />• <br />• <br />