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05-11-2015 Council Packet
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05-11-2015 Council Packet
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10/8/2015 12:50:55 PM
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7/15/2015 12:21:14 PM
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City Council
Council Document Type
Council Packet
Meeting Date
05/11/2015
Council Meeting Type
Regular
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EXHIBIT C <br />FORM OF COMPLETION CERTIFICATE <br />I, the undersigned, hereby certify that I am the duly qualified and acting City Administrator of the <br />City of Lino Lakes, Minnesota (the "City"); and, with respect to the Lease -Purchase Agreement, dated as of <br />June 1, 2015 (the "Lease"), by and between the City and the Lino Lakes Economic Development Authority <br />(the "Authority"), that: <br />1. The Facilities described in the Lease have been completed, delivered, and installed in <br />accordance with the City's specifications. <br />2. The City has appropriated and/or taken other lawful actions necessary to provide moneys <br />sufficient to pay all Lease Payments required to be paid under the Lease during the current Fiscal Year of the <br />City, and such moneys will be applied in payment of all Lease Payments due and payable during such current <br />Fiscal Year. <br />3. Attached as Exhibit A to this Certificate is a list of the equipment financed with proceeds of <br />the Bonds and utilized within the Facilities. <br />Capitalized terms used in this Certificate have the meaning provided in the Lease. <br />Dated: , 20 . <br />460515v2 JAE LN140-112 <br />CITY OF LINO LAKES, MINNESOTA <br />By <br />Its City Administrator <br />C-1 <br />
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