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r 1 <br />U <br />No. 96-25 <br />CITY OF FALCON HEIGHTS <br />COUNCIL RESOLUTION <br />Date: 12/1 1 /96 <br />A RESOLUTION REDUCING THE 1997 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 S 131,800.00; 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 1997 tax levy: <br />G.O. Improvement Bonds 1993 S 1 10,000.00 <br />G.O. Improvement Bonds 1991 21,800.00 <br />TOTAL REDUCTION: $131,800.00 <br />Moved by: Kuettel Approved by: ~. <br />Mayor <br />December 11. 1996 <br />GEHRZ 5 In Favor Date <br />GIBBON TALBOT ~ ~ <br />HUSTAD 0 Against Attested by: L~~' ~k ~~ r~,~l~;>~i <br />JACOBS City Clerk <br />KUETTEL December 1 1, 1996 <br />Date <br />• <br />