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Resolution No. 99-004 <br />Page Four <br /> <br /> (b) Thereafter, the assessment shall be payable at the same time and in the same <br /> manner as general taxes on real property within the GHAD are payable. <br /> <br /> (c) All funds generated by the assessment, and all interest earned on the <br /> assessment, shall be segregated, and deposited in a separate account for the <br /> exclusive benefits of the 6HAD, and shall not be deemed at any time to <br /> constitute funds credited to the City Treasury. <br /> <br />Section 8: 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 AS <br />THE BOARD OF DIRECTORS OF THE LAUREL CREEK ESTATES GEOLOGIC HAZARD <br />ABATEMENT DISTRICT, AT A MEETING HELD ON JANUARY 19, 1999 BY THE <br />FOLLOWING VOTE: <br /> <br />AYES: Directors - Ayala, Dennis, Michelotti, Pico, and Chair Tarver <br />NOES: None <br />ABSENT: None <br />ABSTAIN: None <br /> <br /> Peggy 6L.t~z~dro, Cit~ Clerk <br />APPR~A~U~TO F~ <br />Michael H. Roush, City Attorney <br /> <br /> <br />