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Oiley <br /> Meeting Date: 12/16/93 <br /> Agenda Item: P 2 <br /> CITY OF FALCON HEIGHTS <br /> REQUEST FOR COUNCIL CONSIDERATION <br /> ITEM DESCRIPTION: A resolution reducing the 1994 debt levy on <br /> general obligation debt <br /> SUBMITTED BY: Susan Hoyt, City Administrator <br /> Tom Kelly, Finance Director <br /> EXPLANATION /SUMMARY: <br /> The following debt issued by the city shall be removed from the <br /> 1994 tax levy because the city proposes to cover these costs with <br /> its available debt service funds. <br /> G.O. Improvement Bonds 1993 $101,400.00 <br /> G.O. Improvement Bonds 1991 22,500.00 <br /> TOTAL: $123,900.00 <br /> A resolution removing these general obligations from the tax levy <br /> must be adopted by the council and forwarded to the Ramsey County <br /> Auditor. <br /> ATTACHMENTS: Resolution R -93 -41 <br /> ACTION REQUESTED: Adopt Resolution R -93 -41 reducing the <br /> 1994 debt levy on general obligation debt. <br />