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EXTRACT OF MINUTES OF MEETING OF THE <br /> CITY COUNCIL OF THE CITY OF ROSEVILLE <br /> * * * * * * * * * * * <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 3rd day of December, 2012 at 6:00 p.m. <br /> The following members were present: McGehee, Pust, Johnson, Willmus, and Roe; <br /> and the following were absent: None. <br /> Member Johnson introduced the following resolution and moved its adoption: <br /> RESOLUTION No. 11030 <br /> RESOLUTION DIRECTING THE COUNTY AUDITOR TO <br /> ADJUST THE APPROVED TAX LEVY FOR 2013 BONDED DEBT <br /> WHEREAS,the City will be required to make debt service payments on General Obligation Debt in 2013; <br /> and <br /> WHEREAS,there are reserve funds sufficient to reduce the levy for General Obligation Series 2003A,and <br /> 2009A, 2009B, 2011A; and <br /> WHEREAS,General Obligation Series 23 has been refunded and replaced with series 2004A and requires a <br /> continuing levy; and <br /> WHEREAS, General Obligation Series 2008A requires a slightly higher amount; and <br /> WHEREAS,General Obligation Series 20012A has been issued in the fall of 2012,and will require a levy <br /> in 2013. <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 2013 tax levy for General Improvement Debt by <br /> $646,049 from that which was originally scheduled upon the issuance of the bonds. <br /> The motion for the adoption of the foregoing resolution was duly seconded by member Willmus and upon a <br /> vote being taken thereon,the following voted in favor thereof: McGehee,Pust,Johnson,Willmus,and Roe; <br /> and the following voted against the same: None. <br /> WHEREUPON, said resolution was declared duly passed and adopted. <br />