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Resolution No. 01-066 <br />Page Three <br /> <br />(c) All funds generated by such assessments, and all interest earned thereon, shall <br />be kept segregated and in a separate account for the exclusive benefit of the Laurel <br />Creek Estates GHAD, and shall not be deemed at any time to constitute funds <br />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 BOARD OF DIRECTORS OF THE LAUREL CREEK <br />ESTATES GEOLOGIC HAZARD ABATEMENT DISTRICT, AT A MEETING HELD ON <br />JUNE 19, 2001 BY THE FOLLOWING VOTE: <br /> <br />AYES: <br />NOES: None <br />ABSENT: None <br />ABSTAIN: None <br /> <br />Boardmembers - Ayala, Campbell, Dennis, Michelotti, and Chair Pico <br /> <br />Michael H. Ronsh, General Coun.qel <br />for the Laurel Creek Estates GHAD <br /> <br />ATTEST: <br /> <br />Pegg~ , <br />Laurel Creek Estates GHAD <br /> <br /> <br />