HomeMy WebLinkAboutCC Res 928 1956-05-15
ORI61NA OI=I=ICIAL COPY
NOT TO E TAKEN-1=ROM
THE CITY CLERK"S OI=I=JCE
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RESOLUTION NO. qJ.ti
WHEREAS, the Metropolitan Water District population, now
6 million, is increasing at an amazing rate, and its industrial growth is
creating an imperative need for more water, and
WHEREAS, completion of the Colorado River Aqueduct system wut
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enable us to raise the prese.nt 400 mution gallons daily poured into the Costal
Plain from the Colorado River to l200 million gallons daily, making possible
more water, more security, more jobs, adequate water supply for years to
come, and the building up of our depleted underground water tables, and
WHEREAS, Proposition "w" provides a financing plan with no
tax increase for completing the aqueduct construction program by authorizing
issuance of short term notes which will be repaid, with interest, from the
"back taxes" or annexation fees now being paid into the District over a
25-year period by areas which have annexed to it in recent year's, and
WHEREAS, Proposition "W" thus makes possible the investment
of assured future income due over a 25-year period to complete our aquedu,ct
expansion by 1960 without new tax money so we can benefit from maximum supp y
of Colorado River Water in the shortest possible time.
NOW, THEREFORE, the City Council of the City of Seal Beach
does resolve to endorse Proposition "w" to appear appear on the ballot at
the election to be held on June 5, 1956.
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PASSED, APPROVED AND ADOPTED this 15th day of May, 1956.
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Resolut.j,o,n. ~ber
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STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF SEAL BEACH
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I. F. W. HICKMAN, City Cl,erk of the City of Seal Beach, hereby
certtfies that the foregotng Resolutton was adopted, passed and approved by the
City Counci 1 of the City of, Seal Beach this L5th day of AprtL, 1956, at tts
regular meettng, by the following votes:
AYES: CounctLmen.74iG4'B' h~FJ.-io4'''~''~ .s)'..f'.k:'~ CAJ.II~
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CounctLmen .,,4;"1&
ABSENT: CounctLmen AI,AlG"
NOES:
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