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No. 98-35
CITY OF FALCON HEIGHTS
COUNCIL RESOLUTION
Date: December 16, 1998
A RESOLUTION ELIMINATING THE 1999 DEBT LEVY ON
GENERAL OBLIGATION DEBT
WHEREAS, the city council of the City of Falcon Heights has sufficient
funds on hand in the Debt Service Funds; and
WHEREAS, this amount is strictly reserved for the debt payment on
the General Obligation Improvement Bonds of 1993, General Obligation
Improvement Bonds of 1991, and General Obligation Improvement Bonds of
1990.
NOW THEREFORE, BE IT RESOLVED by the city council of the City of
Falcon Heights that the following be removed from the 1999 tax levy;
G.O. Improvement Bonds 1993 51 14,900.00
G.O. Improvement Bonds 1991 25,800.00
G.O. Improvement Bonds 1990 5,800.00
TOTAL REDUCTION: 5146,500.00
Moved by: Hustad
GEHRZ 5 In Favor
GIBBON TALBOT
HUSTAD 0 Against
JACOBS
KUETTEL
Approved by: ~-
Mayor
December 16, 1998
Date
Attested by: C~A-
City Clerk
December 16, 1998
Date