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Meeting Date: 12/21/94 <br /> Agenda Item: P 2 <br /> CITY OF FALCON HEIGHTS <br /> REQUEST FOR COUNCIL CONSIDERATION <br /> ITEM DESCRIPTION: A resolution reducing the 1995 debt levy on <br /> general obligation debt <br /> SUBMITTED BY: Susan Hoyt, City Administrator <br /> EXPLANATION /SUMMARY: The following debt issued by the city shall <br /> be removed from the 1995 tax levy because the city proposes to <br /> cover these costs with its available debt service funds. <br /> G.O. Improvement Bonds 1993 $108,700 <br /> G.O. Improvement Bonds 1991 22,300 <br /> TOTAL: $131,000 <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 -94 -28 <br /> ACTION REQUESTED: Adopt Resolution R -94 -28 reducing the 1995 <br /> debt levy on general obligation debt. <br />