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EXTRACT OF MINUTES OF MEETING OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Roseville, County of Ramsey, Minnesota was duly held on the 24th day of August, 1998 at 6:30 p.m. The following members were present: a and the following were absent: Member introduced the following resolution and moved its adoption: RESOLUTION RESOLUTION DIRECTING THE COUNTY AUDITOR TO ADJ-UST THE PROPOSED TAX LEVY FOR BONDED DEBT VaMREASI, the City will be issuing Certificates of Indebtedness of and General Improvement Series 4 in 1999 and wHE E i , there are reserve funds sufficient to reduce the levy for General Improvement Issues Series 10,12,14,15,16,17,18,19x20,2 1,22,22} and 23. in the amount of $2,085,181. Series 10,12114)15,16 and 17 have been called and are no longer outstanding NOW, TBEREFORE)EE IT RESOLVED, by the City Council of the City of Roseville, Minnesota, that The Ramsey County Auditor be directed to increase the 1999 tax levy for the planned Certificates of I.ndebtednew for Equipment by$160,000 and General Improvement Series 24 by 100,000 and to reduce the levy y b $2,085,181, which is being paid by debt service reserves or are for debt issues _ no Ion.ger outstanding. The Motion for the adoption of the foregoing resolution was duly seconded by member and upon a gate being taken thereon, the following voted in favor thereof: and the following voted against the same: W'HEREUPON, said resolution was declared duly passed and adopted.