HomeMy WebLinkAboutResolution 17-33 Reducing the 2018 Debt LevyCITY OF FALCON HEIGHTS
COUNCIL RESOLUTION
November 15, 2017
No. 17-33
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A RESOLUTION REDUCING THE 2018 DEBT LEVY ON GENERAL OBLIGATION DEBT
WHEREAS, the city council of the City of Falcon Heights has funds on hand in the Debt Service
Funds in the amount of $140,558.
WHEREAS, this amount is strictly reserved for the debt payment on the General Obligation improvement bonds of 2013A and the General Obligation bonds
of 2017A.
NOW THEREFORE, BE IT RESOLVED by the city council of the City of Falcon Heights that the following be removed from the 2018 tax levy:
G.O. Improvement Bonds 2013 A
$25,136
G.O. Improvement Bonds 2017A $115,422
Total Reduction: $140,558
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Moved by: Approved by: ________________________
Peter Lindstrom
Mayor
LINDSTROM ____
In Favor Attested by: ________________________
GUSTAFSON Sack Thongvanh
HARRIS ____ Against City Administrator
BROWN THUNDER
FISCHER