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Resolution No. 00-136 <br />Page Two <br /> <br />Section 4: <br /> <br />The reimbursement allocation to be made with respect to the expenditures will <br />occur not later than eighteen (18) months after the later of (i) the date on which <br />the expenditure is paid, or (ii) the date on which the Project is placed in service, <br />but in no event more than three years after the expenditure is paid. <br /> <br />Section 5: <br /> <br />This resolution expresses the Issuer's expectations as of this date with respect to <br />the financing of the construction and acquisition of the Project. Future events or <br />extraordinary circumstances beyond the control of the Issuer may result in the <br />Project being financed in a manner other than as described in this resolution, and <br />nothing contained herein constitutes an irrevocable commitment by the Issuer to <br />issue the Obligations. <br /> <br />Section 6: 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, AT <br />A MEETING HELD ON DECEMBER 5, 2000 BY THE FOLLOWING VOTE: <br /> <br />AYES: <br />NOES: None <br />ABSENT: None <br />ABSTAIN: None <br /> <br />Councilmembers - Ayala, Campbell, Dennis, Michelotti, and Mayor Pico <br /> <br />APPROVED AS TO F,~j <br /> <br />ATTEST: <br /> <br />Michael H. Roush, City Attorney <br /> <br /> <br />