HomeMy WebLinkAbout62-27 - Water Bond Issue of CM County Water DistrictRESOLUTION N0. 62-27
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA
ENDORSING AND URGING PUBLIC SUPPORT FOR THE PROPOSED WATER
BOND ISSUE OF THE COSTA MESA COUNTY WATER DISTRICT.
WHEREAS, an election will be held on the 13th day of March, 1962, for
the purpose of approving an issue of water revenue bonds by the Costa Mesa
County Water District; and
WHEREAS, the proceeds from the bond issue will help pay for the
extension of a new water line to the New Irvine Reservoir and will make
possible water storage for Costa Mesa in the new reservoir; and
WHEREAS, these facilities will give Costa Mesa an assured reserve of
approximately 200,000,000 gallons of water, and a guaranteed supply of water
for future growth; and
WHEREAS, the cost of the bonds will be paid out of water revenue and
not out of taxes; and
WHEREAS, this Council deems it to be in the best interest of the City
that the water bond issue be approved as the best and most practical method
of remedying the problems created by the present inadequate water supply in
the City;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Costa Mesa, that the proposed issue of water revenue bonds be, and the same
is hereby, endorsed and approved; and
BE IT FURTHER RESOLVED, that public support is hereby asked and urged
for the proposed water revenue bond issue at the election to be held on March
13th, 1962.
PASSED AND ADOPTED, this 5th day of March,
Mayor 6f -f y of Costa Mesa
ATTEST:
City Clerk of the City of Costa Mesa
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS.
CITY OF COSTA MESA )
I, A. C. SWARTZ, City Clerk of the City of Costa Mesa and ex -
officio Clerk of the City Council of the City of Costa Mesa, hereby certify
that the above and foregoing Resolution No. 62-27 was duly and regularly passed
and adopted by the City Council of the City of Costa Mesa at a regular meeting
thereof held on the 5th day of March, 1962.
IN WITNESS WHEREOF I have hereunto set my hand and affixed the
Seal of the City of Costa Mesa, this 6th day of h, 962,
City C16-rk and ex -officio ClPrk of the
City Council of City of `Costa Mesa
Chief Deputy