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2012-093 Council Resolution
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2012-093 Council Resolution
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Last modified
9/24/2014 12:34:45 PM
Creation date
9/24/2014 12:31:54 PM
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City Council
Council Document Type
Master List Resolution
Meeting Date
09/10/2012
Council Meeting Type
Regular
Resolution #
12-093
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• <br />• <br />• <br />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 />Roeser and was duly seconded by Council Member Stoesz and upon vote being <br />taken thereon, the following voted in favor thereof: <br />Roeser, Stoesz, O'Donnell, Rafferty, Reinert <br />The following voted against same: <br />none <br />ATTEST: <br />j1 <br />anne Bartell, City Cler <br />Jeff Reinert r. or <br />
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