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<br />No. 99-31 <br />CITY OF FALCON HEIGHTS <br />COUNCIL RESOLUTION <br />Date: December 15, 1999 <br />A RESOLUTION ELIMINATING THE 1999 DEBT LEVY ON <br />GENERAL OBLIGATION DEBT <br />• <br />WHEREAS, the city council of the city of Falcon Heights has sufficient funds on <br />hand in the Debt Service Funds; and <br />WHEREAS, this amount is strictly reserved for the debt payment on the General <br />Obligation Improvement Bonds of 1993, General Obligation Improvement Bonds of 1991, and <br />General Obligation Improvement Bonds of 1990. <br />NOW THEREFORE, BE IT RESOLVED, by the city council of the City of Falcon <br />Heights that the following be removed from the 2000 tax levy: <br />G.O. Improvement Bonds 1993 $116,600 <br />G.O. Improvement Bonds 1991 25,000 <br />G.O. Improvement Bonds 1990 5,600 <br />TOTAL REDUCTION: $147,200.00 <br />--------------------------------------------------------------------- <br />Moved by: Gibson Talbot Approved by: <br />Mayor <br />GEHRZ 4 In Favor <br />GIBBON TALBOT <br />HUSTAD 0 Against <br />KUETTEL <br />December 15, 1999 <br />Da <br />Attested by: <br />City Clerk <br />December 15, 1999 <br />Date <br />• <br />