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Resolution No. 99-099 <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 <br /> Laurel Creek Estates CHAD, and shall not be deemed at any time to constitute <br /> funds 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 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 JULY 20, 1999 BY THE <br />FOLLOWING VOTE: <br /> <br />AYES: Boardmembers - Ayala, Michelotti, Pico, and Chair Tarver <br />NOES: None <br />ABSENT: Boardmember Dennis <br />ABSTAIN: None <br /> <br /> for the Laurel Creek Estates GHAD <br /> R o¢;7:)s T o,Z;7 <br /> <br />Michael H. Roush, General Counsel <br />for the Laurel Creek Estates GHAD <br /> <br /> <br />