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<br />11. No action or inaction by the City with respect to <br />allocation of bond proceeds to reimbursement of proj ect <br />expenditures will be an artifice or device to avoid, in whole or in <br />part, arbitrage rebate requirements. <br /> <br />12. The procedures described in this resolution shall cease <br />to apply to the extent not required by Tres. Reg. 1.103-18 or any <br />successor law, regulation, or ruling. <br /> <br />Approved by the City Council of the City of Roseville <br /> <br />this <br /> <br />22nd <br /> <br />day of <br /> <br />May <br /> <br />, 19~. <br /> <br />Attest: <br /> <br />CITY OF ROSEVILLE <br /> <br /> <br />J.4ntMn A \A......' <br />Ma~ <br /> <br />~~~ <br /> <br />City Manager <br /> <br />3 <br />