Laserfiche WebLink
Council member Bohjanen introduced the <br />following resolution and moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 89-91 <br />RESOLUTION CERTIFYING THE PRELIMINARY 1991 TAX LEVY, <br />COLLECTABLE IN 1992. <br />WHEREAS, the City of Lino Lakes is in need of certain funds <br />to pay expenses, obligations for General Fund <br />operating costs anticipated in the year 1992, and <br />WHEREAS, the City of Lino Lakes is in need of certain funds <br />to pay expenses towards Certificate of Indebtedness' <br />obligations, and <br />WHEREAS, the City of Lino Lakes is in need of certain funds <br />to pay expenses towards the Public Project Revenue <br />Bonds, and <br />WHEREAS, the City of Lino Lakes is restricted by levy <br />limitations imposed upon it by the State of <br />Minnesota, <br />NOW THEREFORE BE IT RESOLVED, that the City of Lino Lakes, <br />Anoka County, Minnesota, hereby does levy on a preliminary <br />basis the following upon the taxable property in said City of <br />Lino Lakes, to -wit: <br />1. Total amount levied in the year 1991 to be spread <br />for taxes due and payable in the year 1992 is in the <br />total sum of $ 1,865,187.75 <br />2. The total amount above levied is for the following <br />purposes: <br />LEVY LIMIT $ 1,557,076.00 <br />General bonded Debt <br />Equipment Certificates <br />Equipment Certificates <br />Public Project Revenue <br />Equipment Certificates <br />Equipment Certificates <br />of 1989 <br />of 1989B <br />Bonds <br />of 1990A <br />of 1991A(E) <br />Total General Obligation <br />Bonded Debt <br />TOTAL LEVIES <br />Page 1 <br />77,458.00 <br />69,791.00 <br />81,139.00 <br />23,260.00 <br />56,463.75 <br />308,111.75 <br />1,865,187.75 <br />