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• <br />CITY OF FALCON HEIGHTS <br />COUNCIL RESOLUTION <br />No. 97-51 <br />Date: December 17, 1997 <br />A RESOLUTION ELIMINATING THE 1998 DEBT LEVY ON <br />GENERAL OBLIGATION DEBT <br />• <br />WHEREAS, the city council of the City of Falcon Heights has funds on <br />hand in the Debt Service Funds in the amount of $168,000.00; and <br />WHEREAS, this amount is strictly reserved for the debt payment on the <br />General Obligation Improvement Bonds of 1993 and General Obligation Improvement <br />Bonds of 1991. <br />NOW, THEREFORE, BE IT RESOLVED by the city council of the City of <br />Falcon Heights that the following be removed from the 1998 tax levy: <br />G.O. Improvement Bonds 1990 4,100.00 <br />G.O. Improvement Bonds 1993 51 16,000.00 <br />G.O. Improvement Bonds 1991 52,000.00 <br />TOTAL REDUCTION: S 143,400.00 <br />Moved by: Gibson Talbot <br />GEHRZ 3 In Favor <br />GIBBON TALBOT <br />(absent) HUSTAD 0 Against <br />JACOBS <br />(absent) KUETTEL <br />Approved by: ~; <br />Mayor <br />December 17, 1997 <br />Date <br />Attested by: _ ,~ .c~~--~ <br />City Clerk <br />December 17, 1997 <br />Date <br />L~ <br />