My WebLink
|
Help
|
About
|
Sign Out
Home
Search
1997-051 Council Resolution
LinoLakes
>
City Council
>
City Council Resolutions
>
1997
>
1997-051 Council Resolution
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/5/2016 10:47:50 AM
Creation date
2/3/2016 9:32:02 AM
Metadata
Fields
Template:
City Council
Council Document Type
Resolutions
Meeting Date
05/12/1997
Council Meeting Type
Regular
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
2
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Council member <br />Kuether <br />resolution and move its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 97-51 <br />introduced the following <br />RESOLUTION APPROVING ANNUAL TRANSFERS FROM <br />TAX INCREMENT FUND 1-7 TO AREA & UNIT FUND, <br />CLOSED BOND FUND AND SURFACE WATER MANAGEMENT FUND <br />FOR ASSESSMENT PAYMENTS FOR NOL -TEC <br />WHEREAS, T.I.F. assistance was given to Nol-Tec for assessments, and <br />WHEREAS, assessments owed to the City are to be paid with tax increments received, <br />and <br />WHEREAS, the City Tax Increment attorney has suggested an assessment schedule <br />based on the estimated term of the district, and <br />WHEREAS, the City has developed the assessment schedule with a 10% interest rate, <br />and <br />WHEREAS, the schedule may be altered as increment is received. <br />NOW THEREFORE BE IT RESOLVED, that the attached assessment schedule transfer <br />be approved. <br />Adopted by the City Council of Lino Lakes this 12th day of May, 1997. <br />Marilyn G. Anderson, Clerk Treasurer <br />n Landers - Mayor <br />The motion for the adoption of the foregoing resolution was duly seconded by <br />Neal and upon vote being taken thereon, the following voted in favor thereof: <br />Bergeson, Kuether, Neal, Lyden, Landers. <br />The following voted against same: None. <br />Where upon said resolution was declared duly passed and adopted: <br />
The URL can be used to link to this page
Your browser does not support the video tag.