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<br />11. No action or inaction by the City with re.pect to the al- <br />location of bond proceeds to reimburs.ment of Project expendi- <br />tures will be an artifice or device to avoid, in whole or in <br />part, arbitrage rebate requir.ments. <br /> <br />12. The procedure. described in this resolution shall cea.e to <br />apply to the extent not required by Tre.. Reg. 1.103-18 or any <br />successor law, regulation, or ruling. <br /> <br />Approved by the City Council of the City of Roseville this <br />14th day of February , 19 94 . <br /> <br />CITY OP ROSEVILLE <br /> <br /> <br />Steven <br /> <br />Seal <br />