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HomeMy WebLinkAboutCCRes_99-31 No. 99-31 CITY OF FALCON HEIGHTS COUNCIL RESOLUTION Date: December 15, 1999 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 2000 tax levy: G.O. Improvement Bonds 1993 $116,600 G.O. Improvement Bonds 1991 25,000 G.O. Improvement Bonds 1990 5,600 TOTAL REDUCTION: $147,200.00 --------------------------------------------------------------------- Moved by: Gibson Talbot Approved by: Mayor GEHRZ 4 In Favor GIBBON TALBOT HUSTAD 0 Against KUETTEL December 15, 1999 Da Attested by: City Clerk December 15, 1999 Date •