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No. 96-25
CITY OF FALCON HEIGHTS
COUNCIL RESOLUTION
Date: 12/1 1 /96
A RESOLUTION REDUCING THE 1997 DEBT LEVY ON
GENERAL OBLIGATION DEBT
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WHEREAS, the city council of the City of Falcon Heights has funds on
hand in the Debt Service Funds in the amount of S 131,800.00; and
WHEREAS, this amount is strictly reserved for the debt payment on the
General Obligation Improvement Bonds of 1993, and General Obligation Improvement
Bonds of 1991.
NOW THEREFORE, BE IT RESOLVED by the city council of the City of
Falcon Heights that the following be removed from the 1997 tax levy:
G.O. Improvement Bonds 1993 S 1 10,000.00
G.O. Improvement Bonds 1991 21,800.00
TOTAL REDUCTION: $131,800.00
Moved by: Kuettel Approved by: ~.
Mayor
December 11. 1996
GEHRZ 5 In Favor Date
GIBBON TALBOT ~ ~
HUSTAD 0 Against Attested by: L~~' ~k ~~ r~,~l~;>~i
JACOBS City Clerk
KUETTEL December 1 1, 1996
Date
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