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Alameda to foreclose the lien of the delinquent assessment under <br />the authority of Section 8830 and following of the Streets and <br />Highways Code of the State of California. This action shall be <br />filed not later than one hundred fifty (150) days after the date <br />of delinquency. <br /> <br /> Section 8.2. ARBITRAGE. During the term of the <br />bonds, the City will make no useof bond proceeds which, if such <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 /> 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 12th day of March, 1985. <br /> <br />AYES: Councilmembers Brandes, Butler, Mohr, Wood, and Mayor Mercer <br />NOES: Councilmembers . None <br /> <br />ABSENT: Counc i lmember s None <br /> <br /> JAMES R. WALKER, City Clerk, <br /> City of Pleasanton, Alameda <br /> County, California <br /> <br /> <br />