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The amount of any surplus remaining in the improvement <br />fund after completion of the improvement and payment of all claims <br />shall be transferred to the general fund if the surplus does not <br />exceed'the lesser of one thousand dollars ($1000) or five per cent <br />(5%) of the total amount expended from t'he fund. Otherwise the <br />entire surplus shall be applied as a. credit on the assessment as <br />provided in Section 10427.1 of the Streets and Highways Code." <br /> <br /> , , · <br /> <br /> I HEREBY CERTIPY that the foregoing resolution was duly <br />and regularly adopted by the City Council of the City of Pleasanton, <br />Alameda County, California, at a regular meeting thereof, held on <br />the 25th day of April, 1978, by the following vote, to wit: <br /> <br />AYES: <br /> <br />NOES: <br /> <br />ABSENT: <br /> <br />Councilmembers <br />Councilmembers <br />Councilmembers <br /> <br />Brandes, Butler, Kephart, Wood, and. Mayor Mercer <br /> <br />None <br /> <br />None <br /> <br />CLAYTON E. BROWN, City Clerk, <br />City of Pleasanton, Alameda County, <br />California <br /> <br />-4- <br /> <br /> <br />