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Management Report and Recommendations 12/31/1993
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Management Report and Recommendations 12/31/1993
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Management Report & Recommendations
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12/31/1993
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UNIIIN <br />City of Lino Lakes, Minnesota <br />Management Report, Page 40 <br />SUMMARY <br />During 1994, we recommend that the City: <br />• Continue to monitor the special assessment collection rate and provide supplemental <br />financing if assessment collections are not adequate to meet bonded debt payments. (Page <br />_ 6) <br />• Continue to request improved delinquent assessment receivable data from Anoka County. <br />(Page 6) <br />— • Continue to monitor reserve balances. (Page 13) <br />• Monitor actual versus projected area and unit assessment collections to assure that debt <br />payment requirements will be met. (Page 21) <br />• Determine a financing source for the Reshanau 5th Addition Project. (Page 26) <br />• Continue to maintain detailed records of amounts due from developers and assure that <br />adequate deposits are received prior to incurring expenses on a developer's behalf. (Page <br />37) <br />
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