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EXTRACT OF r'IINUTES �F i��1EETING 0� THE CITY CCxNCIL <br />OF R�SEVILLE, NiINNESOTA, HELD Sepiember 27, 1976 <br />� � � x � � � � � � �: � � � � �: � <br />Puxsuant to due ca�l and n6tice thex'eof, a regular meetin.g <br />of �he City Council of the Ci.ty of Rosevill�, Minneso�a, t�ras heTd in <br />said City HaZ3., 2660 Civic Cen��;r Drive, in said Ci�y on I��onday, <br />the 27th day of Sep�ember, 1976, at 7:30 P.M. <br />The following members were present: <br />and the fo�lawing were absent: <br />Member intmduced the follawing resolutian <br />and morred its a�.op�ion: <br />RESOLUT�'ON N0. <br />RESOLIJTION DTRECI'TNG TI-� COiJNTX AUDIT�R TO REDUCE TI-� <br />ESTABLISf-�D TAX I,EVY FOR GOLF COUP.SE BOi�1DS, WATER <br />IMPROVa�IT BONDS, SANTTARY SEWER l�h'�PRfJVD�NP BJN�}S, <br />GIIJEi�AL IMPROVEMENT' BONDS, AND GITX IIAI,L BONAS <br />WI�REAS, there is a surpl,us of $Z2, 700 in the Golf Gourse <br />Debt Re�ixement Fund resulting in the.-transfer af $22,700 fram revenues <br />xeceived from �he Gol£ Course Operations; <br />WI�EREIIS, there is a surplus of $1QQ,oao in the Water Deb� <br />Retirement �'und resul�ing fram greater special assessmexzts received <br />than �.nticipa�ed and in the transfer of reven�.es received �rom th� <br />Water Opera.ting Ftmd; <br />WHEREAS, there is a surplus of $65,000 �n fihe San�taxy Seti�er <br />Debt Retirement ��d resulting from gxeater speeial assessments received <br />than. anticipa�ed and in the txan.s£er ai revenues recezved frQm the <br />Sanitary Sewex- Opexating Fund; <br />WHEREAS, there is a surplus of �3.50,000 in Gen.eral Improvement <br />Debt Retirement Fw1d resu�ting from greater specia.l assessments received <br />than anticipated, and balances fram completed canstruction £uncts ; <br />W�-IEREAS, there is a surplus of $28,748 in �he Ci�y Ha.�I Debt <br />Retirement Fwn.d resulting fram a tax levy to pay the current principal <br />and interest due. <br />1VOjti', TfIEREFORE, BF xT RESOLVED BY T�� CITY COUNC�L OF T� <br />CITY OF ROSEVILLE, MINNESOTA, THAT: <br />