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Last modified
7/17/2007 8:34:33 AM
Creation date
12/2/2004 8:03:52 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
8744
Resolution Title
Awarding the sale of $2,200,000 General Obligation Improvement Bonds, Series 18
Resolution Date Passed
1/27/1992
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<br />Improvement Collection <br />Desianation Amount Levy Years Years <br />90-14 $ 131,556 1991-2006 1992-2007 <br />86-44 125,718 1991-2006 1992-2007 <br />89-20 547,147 1991-2006 1992-2007 <br />89-23 46,253 1991-2006 1992-2007 <br />90-10 117,141 1991-2006 1992-2007 <br />90-13 105,688 1991-2006 1992-2007 <br />90-20 5,090 1991-2006 1992-2007 <br />89-03 401,075 1990-2005 1991-2006 <br />89-10 65,976 1990-2005 1991-2006 <br />89-07 303,552 1990-2005 1991-2006 <br />89-09 262,569 1990-2005 1991-2006 <br />89-08 24,371 1990-2005 1991-2006 <br />89-15 13.119 1990-2005 1991-2006 <br />TOTAL: $2.149.255 <br /> <br />At the time the assessments are in fact levied the City <br />Council shall, based on the then-current estimated collections of <br />the assessments, make any adjustments in any ad valorem taxes <br />required to be levied in order to assure that the City continues <br />to be in compliance with Minnesota statutes, Section 475.61, <br />Subdivision 1. <br /> <br />19. Tax Levv: Coveraae Test. To provide moneys for <br />payment of the principal and interest on the Bonds there is <br />hereby levied upon all of the taxable property in the City a <br />direct annual ad valorem tax which shall be spread upon the tax <br />rolls and collected with and as part of other general property <br />taxes in the City for the years and in the amounts as follows: <br /> <br />Year of Tax Year of Tax <br />Levv Collection Amount <br />1991 1992 $240,000.00 <br />1992 1993 141,655.26 <br />1993 1994 108,518.44 <br />1994 1995 113,163.13 <br />1995 1996 117,529.55 <br />1996 1997 121,617.74 <br />1997 1998 125,427.66 <br />1998 1999 128,959.35 <br />1999 2000 137,323.65 <br />2000 2001 139,947.08 <br />2001 2002 147,166.89 <br />2002 2003 153,525.69 <br />2003 2004 154,020.25 <br /> <br />26250 <br /> <br />38 <br />
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