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and manner; that a direct, annual, irrepealable ad valorem tax will be duly levied by said City in an <br />amount sufficient to pay the principal and interest on this Certificate, together with all other existing <br />indebtedness of the said City, does not exceed any constitutional or statutory limitation on <br />indebtedness. <br />Adopted by the Council of the City of Lino Lakes this 24th day of August 2015. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />and was duly seconded by Council Member and upon vote being taken thereon, <br />the following voted in favor thereof:. <br />The following voted against same: <br />ATTEST: <br />Julianne Bartell, City Clerk <br />Jeff Reinert, Mayor <br />2 <br />