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lien of the delinquent assessment under the authority of Section <br />8830 and following of the Streets and Highways Code of the State <br />of California. This action shall be filed not later than one <br />hundred fifty (150) days after the date of delinquency. <br /> <br />Section 8.2. ARBITRAGE. During the term of the <br />bonds, the City will make no use of bond proceeds which, if such <br /> <br />Councilmembers Brandes, Bu_tler, Mohr, Wood, and May, or Mercer <br /> <br />use had been reasonably expected at the date the bonds are <br />issued, would have caused the bonds to be "arbitrage bonds" <br />within the meaning of Section 103(c) of the United States <br />Internal Revenue Code of 1954, as amended, and regulations of <br />the Internal Revenue Service authorized thereby. <br /> <br /> , , , <br /> <br /> I HEREBY CERTIFY that the foregoing resolution was <br />duly and regularly adopted by the City Council of the City of <br />Pleasanton, Alameda County, California, at a regular meeting <br />thereof, held on the 10th day of April, 1984. <br /> <br />AYES: <br />NOES: Councilmembers None <br />ABSENT: Councilmembers None <br /> <br />JAMES R. WALKER, City Clerk, <br />City of Pleasanton, Alameda <br />County, California <br /> <br />6 <br /> <br /> <br />