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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />Attachment B <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 <br />Roseville, County of Ramsey, Minnesota was duly held on the second day of December 2013 at <br />6:00 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 2014 BONDED DEBT <br />WHEREAS, the City will be required to make debt service payments on General Obligation <br />Debt in 2014; and <br />WHEREAS, there are reserve funds sufficient to partially reduce the originally scheduled levy <br />for General Obligation Series 2009A, 2011 A, 2012A, and 2013A; and <br />WHEREAS, General Obligation Series 2008A requires a slightly higher amount; and <br />WHEREAS, General Obligation Series 2004 Refunding and 2009B Refunding will require <br />continued levy support to repay the internal loan used to retire the bonds early. <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Roseville, <br />Minnesota, that <br />The Ramsey County Auditor is directed to change the 2014 tax levy for General Improvement <br />Debt by $85,330.67 from that which was originally scheduled upon the issuance of the bonds as <br />follows: <br />