HomeMy WebLinkAbout1988-078 Council Resolution•
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CITY OF LINO LAKES
RESOLUTION NO. 78 - 88
RESOLUTION APPROVING, ESTABLISHING, AND ADOPTING THE 1988 TAX
LEVY, COLLECTABLE IN 1989.
WHEREAS, the City of Lino Lakes is in need of certain funds
to pay expenses, obligations and operating costs
anticipated in the year 1989, and
WHEREAS, the City of Lino Lakes is restricted by levy
limitations imposed upon it by the State of Minnesota,
NOW THEREFORE BE IT RESOLVED, . that the City of Lino Lakes, Anoka
County, Minnesota, hereby does levy the following upon the
taxable property in said City of Lino Lakes, to -wit:
1. Total amount levied in the year 1988 to be spread
for taxes due and payable in the year 1989 is in
the total sum of $ 1,146,850.00.
2. The amount aboved levied is for the purpose of
operational costs within the General Fund.
No bond and interest Levy is necessary for 1989 due to the
surplus in such particular funds.
BE IT FURTHER RESOLVED by the Lino Lakes City Council that the
general fund operating budget as reviewed by the City Council
represents the basis for this levy. Individual department
budgets are subject to final approval by the City Council and
shall be authorized by seperate action prior to January 1, 1989.
Passed the 24th day of October , 1988.
Marilyn G. Anderson, Clerk- Treasurer
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ino
akes
CERTIFICATION OF RESOLUTION
STATE OF MINNESOTA)
CITY OF LINO LAKES)
COUNTY OF ANOKA )
I, the undersigned, being the duly qualified and acting Clerk- Treasurer
of the City of Lino Lakes, Minnesota, do hereby certify that I have care-
fully compared the attached and foregoing copy of Resolution No. 78 -88
with the original thereof on file in my office, and the same is a full,
true and complete copy insofar as the same relates to:
RESOLUTION APPROVING, ESTABLISHING, AND ADOPTING THE 1988 TAX LEVY,
COLLECTABLE IN 1989
Witness my hand as said Clerk- Treasurer and the Corporate Seal of the
City this 25th day of October, 1988.
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Maril n�erson
SEAL
Clerk-Treasurer
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1189 MAIN STREET, LINO LAKES, MN 55014 (612)464 -5562