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2006-040 Council Resolution
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2006-040 Council Resolution
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Last modified
9/16/2014 11:12:48 AM
Creation date
9/16/2014 10:27:56 AM
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City Council
Council Document Type
Master List Resolution
Meeting Date
03/13/2006
Council Meeting Type
Regular
Resolution #
06-040
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2006. <br />issued to refund the initial Abatement Bonds. The pledge of Abatement will be further <br />reflected in the resolution awarding sale of the Abatement Bonds (and any refunding <br />bonds). <br />(c) In accordance with Section 469.1814, subd. 4 of the Act, the amount of Abatement is <br />not subject to periodic review by the City; provided that the actual amounts of <br />Abatement will be determined only upon issuance of the Abatement Bonds and any <br />refunding bonds, which final determination will not constitute a modification of the <br />Abatement amount. <br />(d) In accordance with Section 469.1815 of the Act, the City will add to its levy in each <br />year during the term of the Abatement the total estimated amount of current year <br />Abatement granted under this resolution. <br />Approved by the City Council of the City of Lino Lakes innesota thi 13th day of March, <br />4 <br />nell, Acting Mayor <br />
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