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AGENDA ITEM JB <br />STAFF ORIGINATOR Linda Waite Smith <br />DATE December 7, 1999 <br />TOPIC Resolution No.126 Consideration of adopting the Final 1999 Tax <br />Levy, collectable in 2000. <br />Simple Majority <br />VOTE REQUIRED <br />Pursant to State Statute the City of Lino Lakes is required to adopt a Final 1999 tax levy, <br />collectable in 2000. <br />The levy includes the total (net of HACA) General operating levy, Certificates of Indebtedness <br />levies, Fire Station Bond, Civic Complex Bond and Road Improvement Bond levies. <br />The total net levy certified is $4,187,526. <br />Based on data supplied by the Anoka County Division of Property Records and Taxation, the city <br />tax rate will be 35.921. <br />1. Adopt the Final 1999 tax levy, collectable in 2000. <br />Option 1 <br />