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Ordinance No. 1597 <br />Page Two <br /> <br />Section 4: The City staff is directed to cause a Notice of <br /> Determination to be filed pursuant to Section 5.4(g) of <br /> Resolution No. 77-66. <br /> <br />Section 5: A summary of this ordinance shall be published once <br /> within fifteen (15) days after its adoption in "The Tri- <br /> Valley Herald," a newspaper of general circulation <br /> published in the City of Pleasanton, and the complete <br /> ordinance shall be posted for fifteen (15) days in the <br /> City Clerk's office within fifteen (15) days after its <br /> adoption. <br /> <br />Section 6: This ordinance shall be effective thirty (30) days <br /> after the date of its final passage and adoption. <br /> <br />Section 7: This ordinance shall terminate and be of no further <br /> force and effect as of March 31, 1994, unless by that <br /> date the City has either refunded the non-limited <br /> obligation bonds on the lands covered by this amendment <br /> or, in the opinion of the City Council, the risk to the <br /> City's surplus funds, if any, presented by the non- <br /> limited feature of said bonds, has been reduced or <br /> eliminated. Such event of refunding or opinion shall be <br /> evidenced by the execution on behalf of the City of a <br /> recordable certificate stating this condition has been <br /> satisfied. In the event this ordinance terminates as <br /> provided in this section, the Development Agreements in <br /> effect as of the date of this ordinance shall be in full <br /> force and effect according to their terms and conditions. <br /> <br />INTRODUCED at a regular meeting of the City Council of the City of <br />Pleasanton on June 1, 1993. <br /> <br />ADOPTED at a regular meeting of the City Council of the City of <br />Pleasanton on June 15, 1993 by the following vote: <br /> <br />AYES: Councilmembers - Dennis, Mohr, Pico, Scribner, and Mayor <br /> Tarver <br />NOES: None <br />ABSENT: None ~ <br />ABSTAIN: None <br /> <br />Pegg~J~.~E~idro~' City Clerk <br /> <br />Michael H. Roush, City Attorney <br /> <br /> <br />