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Resolution No. 98-81 <br />Page Three <br /> <br /> (b) Thereafter, such assessments shall be payable at the same time and in <br /> the same manner as general taxes on real property with the GHAD <br /> are payable. <br /> <br /> (c) All funds generated by such assessments, and all interest eamed <br /> thereon, shall be kept segregated and in a separate account for the <br /> exclusive benefit of the Moller Ranch GHAD, and shall not be <br /> deemed at any time to constitute funds credited to the City treasury. <br /> <br />Section 7: This resolution shall become effective immediately upon its passage and <br /> adoption. <br /> <br /> I HEREBY CERTIFY THAT THE FOREGOING WAS DULY AND <br />REGULARLY ADOPTED BY THE CITY COUNCIL OF THE CITY OF <br />PLEASANTON, AS THE BOARD OF DIRECTORS OF THE MOLLER RANCH <br />GEOLOGIC HAZARD ABATEMENT DISTRICT, AT A MEETING HELD ON <br />JUNE 16, 1998 BY THE FOLLOWING VOTE: <br /> <br />AYES: Boardmembers - Ayala, Dennis, Michelotti, Pico, and Chair Tarver <br />NOES: None <br />ABSENT: None <br />ABSTAIN: None <br /> ATTEST: <br /> <br /> Peggnf,/L('(. L~i~ro, Cfi/y Clerk <br />A~ .O~RMJ <br />Michael H. Roush, City Attorney <br /> <br /> <br />