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117 Attachment B <br />118 EXTRACT OF MINUTES OF MEETING OF THE <br />119 CITY COUNCIL OF THE CITY OF ROSEVILLE <br />120 <br />121 * * * * * * * * * * * <br />122 <br />123 Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Roseville, <br />124 County of Ramsey, Minnesota was duly held on the 7th day of December, 2020 at 6:00 p.m. <br />125 <br />126 The following members were present: <br />127 , and the following were absent: <br />128 <br />129 Member introduced the following resolution and moved its adoption: <br />130 <br />131 RESOLUTION ______________ <br />132 <br />133 RESOLUTION DIRECTING THE COUNTY AUDITOR TO <br />134 ADJUST THE APPROVED TAX LEVY FOR 2021 BONDED DEBT <br />135 <br />136 WHEREAS, the City will be required to make debt service payments on General Obligation Debt in <br />137 2020; and <br />138 <br />139 WHEREAS, there are reserve funds sufficient to partially reduce the originally scheduled levy for <br />140 General Obligation Series 2009A, 2011A, and 2012A. <br />141 <br />142 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Roseville, Minnesota, that <br />143 <br />144 The Ramsey County Auditor is directed to change the 2021 tax levy for General Improvement Debt by <br />145 $123,543.45 from that which was originally scheduled upon the issuance of the bonds as follows: <br />146 <br />OriginallyAdditions <br />Scheduledor Certified <br />Bond IssueLevy AmountReductionsDebt Levy <br />GO Housing Imp 2009A116,943.75(116,943.75) - <br />GO 2011A836,828.70(2,499.70) 834,329.00 <br />GO 2012A1,442,385.00(4,100.00) 1,438,285.00 <br />Total$ 2,396,157.45$ (123,543.45)$ 2,272,614.00 <br />147 <br />148 <br />149 The motion for the adoption of the foregoing resolution was duly seconded by member and upon a <br />150 vote being taken thereon, the following voted in favor thereof: <br />151 <br />152 and the following voted against the same: <br />153 <br />154 WHEREUPON, said resolution was declared duly passed and adopted. <br />155 <br />156 <br />157 <br />158 <br />159 <br />Page 7 of 10 <br /> <br />