HomeMy WebLinkAbout7.F.7. Canceling Debt Service Levy for 2006/07-Res. No. 6475
City of Shakopee 7- 1: '7.
Memorandum
TO: Mayor and Council CONSENT
Mark McNeill, City Administrator
FROM: Gregg Voxland, Finance Director
RE: Canceling Debt Service Levy for 2006/07
DATE: September 1, 2006
Introduction
Resolution No. 6475 cancels the debt service levy for the Public
Works building bond issue.
Background
Attached is the resolution canceling the debt service levy for
taxes payable in 2007 for the public works building. The
Building Fund will transfer money to those funds in 2006.
Requested Action
Offer Resolution No. 6475 A Resolution Canceling Debt Service
Levies For 2006/07, and move its adoption.
Gregg Voxland
Finance Director
h:\budget07\budres07
RESOLUTION NO. 6475
A RESOLUTION CANCELING DEBT SERVICE LEVY FOR 2006/07
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE,
COUNTY OF SCOTT, MINNESOTA, that the following debt service
levies are canceled:
2004D Capital Improvement Bonds $469,040
BE IT FURTHER RESOLVED that the following irrevocable transfer be
made from the Building Fund to the respective debt service fund
in 2006:
2004D Capital Improvement Bonds $469,040
BE IT FURTHER RESOLVED, that the City Clerk is hereby
instructed to transmit a certified copy to this resolution to the
County Auditor of Scott County, Minnesota.
Adopted in session of the City Council of the City of
Shakopee, Minnesota held this day of September, 2006.
Mayor of the City of Shakopee
ATTEST:
City Clerk