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contract for the work of improvement as otherwise permitted in <br />Section 20488 of the Public Contract Code. <br /> <br /> The amount of any surplus remainin~ in the improvement <br />fund after completion of the improvement and payment of all claims <br />shall be transferred to the ~eneral fund if the surplus does not <br />exceed the lesser of one thousand dollars ($1000) or five percent <br />(8%) of the total amount expended from the fund. Otherwise the <br />entire surplus shall be applied as a credit on the assessment as <br />provided in Section 1042T.1 of the Streets and Highways Code. <br /> <br /> I HEREBY CERTIFY that the fore~oin~ resolution was duly <br />and regularly adopted hy the City Council of the City of Pleasanton, <br />Alameda County, California, at a regular meeting thereof, held on <br />the Tth day of October, 1988. <br /> <br />AYES: Counoilmembers Butler~ Mercer, Mohr, Wood, and Mayor Brandes <br />NOES: Counoilmembers. None <br />ABSENT: Counoilmembers None <br /> <br /> JAMES R. WALKER, City Clerk, <br /> City of Pleasanton. Alameda <br /> County. California <br /> <br /> By. <br /> <br /> <br />