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RES 86558
City of Pleasanton
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CITY CLERK
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1986
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RES 86558
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8/23/2012 1:38:58 PM
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12/17/1999 12:48:50 AM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
11/18/1986
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shall assure that Excess Investment Earnings are not paid or <br />disbursed except as required herein. To that end, the Treasurer <br />shall assure that investment transactions are on an arm's length <br />basis. In the event that Nonpurpose Obligations consist of <br />certificates of deposit or investment contracts, investment in <br />such Nonpurpose Obligations shall be made in accordance with the <br />procedures described in applicable Regulations as from time to <br />time in effect. <br />(f) Maintenance of Records. The Treasurer shall keep, <br />and retain for a period of six (6) years following the <br />retirement of the Bonds, records of the determinations made <br />pursuant to the provisions hereof. <br />(g) Independent Consultants. In order to provide for <br />the administration of these Arbitrage and Rebate Covenants, the <br />Treasurer may provide for the employment of independent <br />attorneys, accountants and consultants compensated on such <br />reasonable basis as the Treasurer may deem appropriate. <br />8 <br />
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