My WebLink
|
Help
|
About
|
Sign Out
Home
Search
11/13/2006 Council Packet
LinoLakes
>
City Council
>
City Council Meeting Packets
>
1982-2020
>
2006
>
11/13/2006 Council Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/30/2014 4:22:51 PM
Creation date
4/30/2014 10:09:37 AM
Metadata
Fields
Template:
City Council
Council Document Type
Council Packet
Meeting Date
11/13/2006
Council Meeting Type
Regular
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
154
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
OPTIONS I <br />• <br />• <br />AGENDA ITEM 3 <br />STAFF ORIGINATOR Al Rolek <br />MEETING DATE November 13, 2006 <br />TOPIC Resolution 06 -02, First Amendment to Lease - Purchase Agreement <br />Between Lino Lakes EDA and the City of Lino Lakes <br />Simple Majority <br />VOTE REQUIRED <br />'.BACKGROUND) <br />The City's bond counsel has advised that we will need to amend the Lease - Purchase <br />Agreement for the outstanding EDA bonds Series 1998A because the lease payments will be <br />reduced to the amount needed to pay the small amount of bonds that will remain outstanding. <br />The City Council has approved the amended agreement in its resolution awarding the sale of the <br />G.O. CIP Refunding bonds 2006E. The EDA must also approve the amended agreement. <br />Staff recommends the approval of Resolution 06 -02 amending the Lease - Purchase Agreement <br />for the outstanding EDA bonds Series 1998A. <br />1. Approve Resolution 06 -02. <br />2. Refer to Staff for further review. <br />3. Deny Resolution 06 -02. <br />RECOMMENDATION <br />Option 1 <br />A -3 <br />-4- <br />
The URL can be used to link to this page
Your browser does not support the video tag.