HomeMy WebLinkAbout70-026RESOLUTION 70-26 OF THE CITY COUNCIL OF THE
CITY OF SANTA ANA ENDORSING PROPOSITION 7
ON THE JUNE 2nd, 1970 PRIMARY BALLOT
WHEREAS, the State of california faces a financial crisis
because of its inability to sell bonds of vital concern to each
and every resident; and
WHEREAS, because of inflation, the State needs approval
to raise the interest rate now set at 5% to a more realistic level
not to exceed 7%; and
WHEREAS, the voters have already approved issuance of the
bonds which cover such critical needs as water, school construction,
veteran building loans, and park and recreation facilities; and
WHEREAS, the massive State Water Project is already two-
thirds completed and would cost more to stop than to finish; and
WHEREAS, that project, as well as the program of loans to
veterans, are self-supporting and will not cost the taxpayers a
cent; and
WHEREAS, the alternative to non-passage of Proposition 7
would be an increase in the sales tax or some other form of
painful taxation affecting everyone;
NOW, THEREFORE, BE IT RESOLVED: That the City Council of
the City of Santa Ana does hereby wholeheartedly endorse
Proposition 7 and urges all citizens to vote "YES" at the election
on June 2nd, 1970.
PASSED AND ADOPTED by the City Council of the City of Santa
Ana at its regular meeting held on the
ATTEST:
16th day of Mar~h, 1970.
VICE- MAYOR
STATE OF CALIFORNIA)
COUNTY OF ORANGE )
CITY OF SANTA ANA )
SS
I, FLORENCE I. MALONE, do hereby certify that I am the Clerk
of the Council of the city of Santa Aha; that the foregoing Resolution
was introduced to said Council at its regular meeting held on the
16th day of March, 1970, and was at said meeting passed and adopted
by the following vote, to wit:
AYES,
COUNCILMEN: Evans, Markel, Part ers on, Villa,Yamamot o
NOES, COUNCILMEN: None
ABSENT, COUNCILMEN: Herrin~
Griset
CLERK OF THE COUNCIL