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No. 95-35
CITY OF FALCON HEIGHTS
COUNCIL RESOLUTION
Date: 12/20/95
A RESOLUTION REDUCING THE 1996 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 5129,000.00; 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 1996 tax levy:
G.O. Improvement Bonds 1993 5106,900.00
G.O. Improvement Bonds 1991 22,100.00
TOTAL REDUCTION: 5129,000.00
Moved by: Jacobs ~~
Approved by: 1G~ ~~
Mayor
BALDWIN December 20, 1995
GEHRZ 5 In Favor Date
GIBBON TALBOT 'j
J ~
HUSTAD 0 Against Attested by:
~-~-%
JACOBS City Clerk
December 20, 1995
Date