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HomeMy WebLinkAbout1996-161 Council ResolutionCouncil member Neal move its adoption: introduced the following resolution and CITY OF LINO LAKES RESOLUTION NO. 96-161 RESOLUTION DELETING SPECIAL ASSESSMENTS FROM CITY OWNED PROPERTY WHEREAS, the City owns two parcels on Sunset Road that will remain a holding pond, and WHEREAS, there are assessments owing on these parcels, and WHEREAS, the City auditor has suggested that the City write off the amount owing as the bonds have been paid for many years, and WHEREAS, the assessments are recorded in the Closed Bond Fund which has a solvent fund balance, and WHEREAS, the amount owing is $10, 510. NOW THEREFORE BE IT RESOLVED, that the Finance Director has authority to write off City assessments from the Closed Bond Fund. Adopted by the City Council of Lino Lakes this 16th day of December, 1996. -04Ji,. Marilyn G. Anderson, Clerk Treasurer -t---�,-�� J•hn Landers- Mayor The motion for the adoption of the foregoing resolution was duly seconded by Lyden and upon vote being taken thereon, the following voted in favor thereof: Bergeson, Lyden, Neal, Landers. The following voted against same: None, Council Member Kuether was absent. Where upon said resolution was declared duly passed and adopted: