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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 2nd day of December, 2019 at 6:00 p.m. <br /> The following members were present: Willmus, Laliberte, Groff, Etten, and Roe, and the following were <br /> absent: None <br /> Member Etten introduced the following resolution and moved its adoption: <br /> RESOLUTION NO. 11655 <br /> RESOLUTION DIRECTING THE COUNTY AUDITOR TO <br /> ADJUST THE APPROVED TAX LEVY FOR 2020 BONDED DEBT <br /> WHEREAS, the City will be required to make debt service payments on General Obligation Debt in <br /> 2020; and <br /> WHEREAS, there are reserve funds sufficient to partially reduce the originally scheduled levy for <br /> General Obligation Series 2009A, 2011A, and 2012A. <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 2020 tax levy for General Improvement Debt by <br /> $218,234.95 from that which was originally scheduled upon the issuance of the bonds as follows: <br /> Originally Additions <br /> Scheduled or Certified <br /> Bond Issue Levy Amount Reductions Debt Levy <br /> GO Housing Imp 2009A 116,156.25 (116,156.25) - <br /> GO 2011A 840,083.70 (5,083.70) 835,000.00 <br /> GO 2012A 1,471,995.00 (96,995.00) 1,375,000.00 <br /> Total $ 2,428,234.95 $ (218,234.95) $ 2,210,000.00 <br /> The motion for the adoption of the foregoing resolution was duly seconded by member Willmus and <br /> upon a vote being taken thereon, the following voted in favor thereof: Willmus, Laliberte, Groff, Etten, <br /> and Roe. The following voted against the same: None. <br /> WHEREUPON, said resolution was declared duly passed and adopted. <br />