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<br />EXTRACT OF MINUTES OF MEETING OF THE CITY COUNCIL <br /> <br />OF ROSEVILLE, MINNESOTA, HELD SEPTEMBER 12, 1983 <br /> <br />* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * <br /> <br />Pursuant to due call and notice thereof, a regular meeting of the City <br />Council of the City of Roseville, Minnesota, was held in said City Hall, <br />2660 Civic Center Drive, in said City, on Monday, the 12th day of September, <br />1983, at 7:30 p.m. <br /> <br />The following members were present: Kehr, Johnson, Franke, Curley, and <br />Demos. <br /> <br />and, the following were absent: None. <br /> <br />Member Franke introduced the following resolution and moved its adoption: <br /> <br />RESOLUTION NO. 7558 <br /> <br />RESOLUTION DIRECTING THE COUNTY AUDITOR TO <br />REDUCE THE ESTABLISHED TAX LEVY FOR GOLF COURSE <br />BONDS AND GENERAL IMPROVEMENT BONDS <br /> <br />WHEREAS, there is a surplus of $18,100 in the Golf Course Debt Retirement <br />Fund resulting in the transfer from revenues received from the Golf Course <br />Operations; and <br /> <br />WHEREAS, there is a surplus of $325,000 in the General Improvement Debt <br />Retirement Fund resulting from greater special assessments received than <br />anticipated; and capitalized interest. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Roseville, <br />Minnesota, that <br /> <br />1. The Ramsey County Auditor be directed to reduce the 1983 tax levy <br />for Golf Course Bonds - 1967 by $18,100 from $18,100 to -0-. <br /> <br />2. The Ramsey County Auditor be directed to reduce the 1983 tax levy <br />for General Improvement Bonds, Series 11, 1983 by $325,000 from <br />$500,000 to $175,000. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded <br />by member Kehr, and upon a vote being taken thereon, the following voted in <br />favor: All present. <br /> <br />and, the following voted against the same: None. <br /> <br />WHEREUPON, said resolution was declared duly passed and adopted. <br />