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2013_1209_packet
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56 Attachment B <br />57 <br />58 EXTRACT OF MINUTES OF MEETING OF THE <br />59 CITY COUNCIL OF THE CITY OF ROSEVILLE <br />60 <br />62 <br />63 Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Roseville, <br />64 County of Ramsey, Minnesota was duly held on the 9th day of December, 2013 at 6:00 p.m. <br />65 <br />66 The following members were present: <br />67 , and the following were absent: <br />68 <br />69 Member introduced the following resolution and moved its adoption: <br />70 <br />71 RESOLUTION <br />72 <br />73 RESOLUTION DIRECTING THE COUNTY AUDITOR TO <br />74 ADJUST THE APPROVED TAX LEVY FOR 2014 BONDED DEBT <br />75 <br />76 WHEREAS, the City will be required to make debt service payments on General Obligation Debt in <br />77 2014; and <br />78 <br />79 WHEREAS, there are reserve funds sufficient to partially reduce the originally scheduled levy for <br />General Obligation Series 2009A, 2011 A, 2012A, and 2013A; and <br />81 <br />8�-, WHEREAS, General Obligation Series 2008A requires a slightly higher amount; and <br />83 <br />84 WHEREAS, General Obligation Series 2004 Refunding and 2009B Refunding will require continued <br />85 levy support to repay the internal loan used to retire the bonds early. <br />86 <br />8, NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Roseville, Minnesota, <br />88 that <br />89 <br />90 The Ramsey County Auditor is directed to change the 2014 tax levy for General Improvement Debt by <br />91 $85,330.67 from that which was originally scheduled upon the issuance of the bonds as follows: <br />92 <br />Page 3 of 8 <br />
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