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<br />EXTRACT OF MINUTES OF MEETING OF THE <br />CITY COUNCIL OF THE CITY OF ROSEVILLE <br /> <br />* * * * * * * * * * * <br /> <br />Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of <br />Roseville, County of Ramsey, Minnesota was duly held on the 15th day of December, 1999 at 6:00 <br />p.m. <br /> <br />The following members were present: Goedeke, Maschka, Wi ski, Mastel and Wall, and the <br />following were absent: None. <br /> <br />Member Wi ski introduced the following resolution and moved its adoption: <br /> <br />RESOLUTION 9726 <br /> <br />RESOLUTION DIRECTING THE COUNTY AUDITOR TO <br />ADJUST THE APPROVED TAX LEVY FOR BONDED DEBT <br /> <br />WHEREAS, the City will be required to make debt service payments on General Improvement Debt <br />in 2000 and <br /> <br />WHEREAS, there are reserve funds sufficient to reduce the levy for General Improvement Issues <br />Series 17,18,19,20,21,22 and 23 in the amount of $1,927,660.27. Series 12,14,15, and 16 have <br />been called and are no longer outstanding <br /> <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City ofRoseville, Minnesota, <br />that <br /> <br />The Ramsey County Auditor be directed to decrease 2000 tax levy for General Improvement Debt <br />by $1,948,205.27, which is being paid by debt service reserves or are for debt issues no longer <br />outstanding. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by member Maschka <br />and upon a vote being taken thereon, the following voted in favor thereof: Goedeke, Maschka, <br />Wiski, Mastel and Wall, and the following voted against the same: None. <br /> <br />WHEREUPON, said resolution was declared duly passed and adopted. <br />