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3. If such resolutions or binding commitments are not adopted by that date, <br />this resolution will automatically expire and be of no further effect on July 31, 2001, <br />unless it has been extended prior thereto by further action of this City Council. <br />R -1150 <br />Ysh /sh /RC /Council <br />FXS: rg <br />05/08/01 <br />4 <br />14225 <br />