Laserfiche WebLink
Attachment C <br />EXTRACT OF MINUTES OF MEETING OF THE <br />CITY COUNCIL OF THE CITY OF ROSEVILLE <br />Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Roseville, <br />County of Ramsey, Minnesota was duly held on the 15th day of December, 2008 at 0:00 p.m. <br />The following members were present: <br />, and the following were absent: <br />Member introduced the following resolution and moved its adoption: <br />RESOLUTION <br />RESOLUTION DIRECTING THE COUNTY AUDITOR TO <br />ADJUST THE APPROVED TAX LEVY FOR 2009 BONDED DEBT <br />WHEREAS, the City will be required to make debt service payments on General Improvement Debt in <br />2009 and <br />WHEREAS, there are reserve funds sufficient to reduce the levy for General Improvement Issues Series <br />20, 25, 2003A, and 2004A; and additional amounts are needed for Series 25, 1994A, and 2008A and <br />WHEREAS, General Improvement Issues Series 22 has been defeased and is no longer outstanding; and <br />series 23 has been refunded and replaced with series 2004A. <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Roseville, Minnesota, that <br />The Ramsey County Auditor is directed to change the 2009 tax levy for General Improvement Debt by <br />$88,744.46 from that which was originally scheduled upon the issuance of the bonds, which is being paid <br />by debt service reserves or are for debt issues no longer outstanding. <br />The motion for the adoption of the foregoing resolution was duly seconded by member and upon a <br />vote being taken thereon, the following voted in favor thereof: <br />and the following voted against the same: <br />WHEREUPON, said resolution was declared duly passed and adopted. <br />Page 8 of 10 <br />