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Chief Eastman shall agree that he will not <br />voluntarily resign as Police Chief of the <br />City of Pleasanton during the time the loan <br />is outstanding. <br /> <br />Section 2: The City l~anager is directed to utilize City funds <br /> which would otherwise be available and invested in <br /> financial securities with varying rates of return <br /> for purposes of making the loan authorized herein. <br /> <br />Section 3: The City ~anager is hereby authorized to act in <br /> accordance with this resolution and shall be <br /> authorized to enter into the agreement contemplated <br /> herein on behalf of the City of Pleasanton and to <br /> do all things necessary to grant the loan to Chief <br /> Eastman. <br /> <br />Section 4: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br />TtlIS PdZSOLUTION ADOPTED I~Y 11, 1982 BY TttE FOLLOWING VOTE: <br /> <br />AYES: Councilmembers - Brandes, Mercer, Mohr, Wood and <br /> Mayor Butler <br />NOES: None <br />ABSENT: None <br />ABSTAIN: None <br /> <br />ATTEST: <br /> <br />J R <br /> · ~al <br /> Clerk <br />By Doris George, Deputy City Clerk <br /> <br />APPROVED AS TO FORM: <br /> <br />Brian W. Swift,:Acting City Attorney <br /> <br />-3- <br /> <br /> <br />