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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> ORDINANCE NO. 481 <br /> <br /> AN ORDINANCE OF THE CITY OF PLEASANTON <br /> AMENDING ORDINANCE NO. 478 (WATER SERVICE <br /> RATES) <br /> <br /> THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES ORDAIN AS <br />FOLLOWS: <br /> <br /> SECTION 1o Ordinance No. 478 is amended by adding thereto <br /> <br />a new Section XIX, as follows: <br /> <br /> SECTION XIX <br /> <br /> DISPOSITION OF REVENUES AND USES TO WHICH <br /> <br /> REVENUES SHALL BE APPLIED <br /> <br /> All revenues received by the Finance Department or the City <br />under this Ordinance, excepting all connection charges provided <br />for in Ordinance No. 466 adopted by the City Council on August 8, <br />1966, and all refundable deposits made to establish credit, shall <br />be deposited within a reasonable time after receipt thereof in a <br />depository bank of the City, and said sums, together with any <br />interest earned thereon, shall on or before the first business day <br />of each calendar month next succeeding the calendar month in which <br />such revenues shall have been collected, be deposited by the City, <br />in the manner and for the purposes provided and with the Fiscal <br />Agent designated, in or pursuant to that certain Resolution <br />adopted 'by the Council on March 27, 1967, entitled: <br /> <br /> RESOLUTION PROVIDING FOR THE ISSUANCE OF $750,000 <br /> PRINCIPAL AMOUNT OF CITY OF PLEASANTON 1967 WATER <br /> REVENUE BONDS AND OF $400,000 PRINCIPAL AMOUNT OF <br /> SERIES A BONDS OF SAID ISSUE, AND PRESCRIBING THE <br /> TERMS~ CONDITIONS AND FORM OF SAID SERIES A BONDS. <br /> <br /> <br />