Laserfiche WebLink
Council member Elliott introduced the <br />following resolution and moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 92 - 119 <br />RESOLUTION CERTIFYING THE PRELIMINARY 1992 TAX LEVY, <br />COLLECTABLE IN 1993. <br />WHEREAS, the City of Lino Lakes is in need of certain funds <br />to pay expenditures for General Fund operating costs <br />anticipated in the year 1993, and <br />WHEREAS, the City of Lino Lakes is in need of certain funds <br />to pay expenses towards Certificate of Indebtedness <br />obligations, <br />WHEREAS, the City of Lino Lakes is in need of certain funds <br />to pay expenses towards the Public Project Revenue <br />Bonds , <br />WHEREAS, the City of Lino Lakes is not restricted by levy <br />limitations imposed by the State of 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 1992 to be spread <br />for taxes due and payable in the year 1993 is in the <br />total sum of $ 2,095,000.00 <br />2. The total amount above levied is for the following <br />purposes: <br />GENERAL OPERATING $ 1,797,382.00 <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 <br />Total General Obligation <br />Bonded Debt <br />TOTAL LEVIES <br />Page 1 <br />72,639.00 <br />71,316.00 <br />81,139.00 <br />22,084.00 <br />50,440.00 <br />297,618.00 <br />2,095,000.00 <br />