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Resolution No. 00-087 <br />Page Three <br /> <br />(c) All funds generated by such assessments, and all interest earned thereon, <br />shall be kept segregated and in a separate account for the exclusive benefit of the <br />Laarel Creek Estates CHAD, and shall not be deemed at any time to constitute <br />funds credited to the City treasury. <br /> <br />Section 7: This resolution shall become effective immediately upon its passage and adoption. <br /> <br /> I HEREBY CERTIFY THAT THE FOREGOING WAS DULY AND <br />REGULARLY ADOPTED BY THE CITY COUNCIL OF THE CITY OF PLEASANTON, AS <br />THE BOARD OF DIRECTORS OF THE LAUREL CREEK ESTATES GEOLOGIC IIAZARD <br />ABATEMENT DISTRICT, AT A MEETING HELD ON JULY 11, 2000 BY THE <br />FOLLOWING VOTE: <br /> <br />AYES: <br />NOES: None <br />ABSENT: Boardmember Pieo <br />ABSTAIN: None <br /> <br />Boardmembers - Ayala, Detmis, Michelotti, and Chair Tm'ver <br /> <br />Michael H. Roush, General Counsel for the <br />Moller Ranch GHAD <br /> <br />ST: , <br />peggi~*.'~ <br />Moller Ranch GHAD <br /> <br /> <br />