270159 WHITE — �ITV CLERK COUflC1I ���a� ��
PINR — FINANCE �7
CAN«RV — DEPARTMENT G I TY OF SA I NT �A V L File NO. �4 � p
BLUE — MAYOR
� Council Resolution PA� 3 of 3
Presented By
Referred To Committee: Date
Out of Committee By Date
on the Saint Paul tax base:
1) Reduce by 1985 Saint Faul's general obligation debt per capita for the local
government units from the current $1,005 to $900 or less.
2) Reduce by 1985 Saint Paul's general obligation debt as a percentage of estimated
market value for the local government units from the current 8.5� to 6� or less,
and be it
FURTHER RESOLVED, That the City Council supports in concept the CIB bonding legislative
request proposed by the Mayor and be it
FURTHER RESOLVED, That the ma.tters of developing a debt policy and requesting CIB
bonding legislation be reviewed by the following committees for the purpose of
identifying their concerns to the City Council:
1) Joint Debt Advisory Committee
2) CIB Committee and Task Forces
3) Planning Commission
4) District Councils
5) Ramsey County Legislative Delegation.
COUNCIL1�EN
Yeas Nays Requested by Department of:
�� � In Favor
Hozza
Hunt �
Levine __ Against BY
Roedler
S ylvester
Tedesco
�'��i � �977 Form A r d by City Attorney
Adopted b}� Council: Date — �
Certified 5 d y C ncil etar� -
sy,
Appro e by Ylayor: Dat � — � 77 Approved by Mayor for Submission to Council
gy �:�,,,.s�----� By
�iJBU�::�.� C:�:� �. n i977