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<br />No. 95-35 <br />CITY OF FALCON HEIGHTS <br />COUNCIL RESOLUTION <br />Date: 12/20/95 <br />A RESOLUTION REDUCING THE 1996 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 5129,000.00; 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 1996 tax levy: <br />G.O. Improvement Bonds 1993 5106,900.00 <br />G.O. Improvement Bonds 1991 22,100.00 <br />TOTAL REDUCTION: 5129,000.00 <br /> <br />Moved by: Jacobs ~~ <br />Approved by: 1G~ ~~ <br /> Mayor <br />BALDWIN December 20, 1995 <br />GEHRZ 5 In Favor Date <br />GIBBON TALBOT 'j <br />J ~ <br />HUSTAD 0 Against Attested by: <br />~-~-% <br />JACOBS City Clerk <br /> December 20, 1995 <br /> Date <br /> <br />