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<br />EXTRACT OF MINUTES OF MEETING OF THE <br />CITY COUNCIL OF THE CITY OF ROSEVILLE <br /> <br />* * * * * * * * * * * <br /> <br />Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of <br />Roseville, County of Ramsey, Minnesota was dilly held on the 28th day of August, 2000 at 6:30 <br />p.m. <br /> <br />The following members were present: Wi ski, Mastel, Maschka, Goedeke & Kysylyczyn, and the <br />following were absent: none. <br /> <br />Member Goedeke introduced the following resolution and moved its adoption: <br /> <br />RESOLUTION 9806 <br /> <br />RESOLUTION DIRECTING THE COUNTY AUDITOR TO <br />ADJUST THE PROPOSED TAX LEVY FOR 2001 BONDED DEBT <br /> <br />WHEREAS, the City will be required to make debt service payments on General Improvement Debt <br />in 2000 and <br /> <br />WHEREAS, there are reserve funds sufficient to reduce the levy for General Improvement Issues <br />Series 18,20,21,22 and 23 in the amount of $2, 170,603,34. Series 12,14,15, 16 and 17 have been <br />called and are no longer outstanding <br /> <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City ofRoseville, Minnesota, <br />that <br /> <br />The Ramsey County Auditor be directed to decrease 2001 tax levy for General Improvement Debt <br />by $2,170,603.34 which is being paid by debt service reserves or are for debt issues no longer <br />outstanding. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by member Kysylyczyn <br />and upon a vote being taken thereon, the following voted in favor thereof: Wiski, Mastel, Maschka, <br />Goedeke & Kysylyczyn and the following voted against the same: none. <br /> <br />WHEREUPON, said resolution was declared duly passed and adopted. <br />