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HomeMy WebLinkAboutCCRes_93-41No. R-93-41 CITY OF FALCON HEIGHTS C O U N C I L R E S O L U T I O N Date: Dec. 16, 1993 A RESOLUTION REDUCING THE 1994 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 $123,900.00; 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 1994 tax levy: G.O. Improvement Bonds $101,400.00 • G.O. Improvement Bonds of 1991 22,500.00 TOTAL REDUCTION: $123,900.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Moved by Gehrz Approved by Mayor BALDWIN Dec. 16. 1993 CIERNIA 5 In Favor Date GEHRZ JACOBS 0 Against GIBBON TALBOT ,~ , Attested by ty lerk Dec. 16, 1993 •