HomeMy WebLinkAbout223 - Colorado River Aqueduct Notes (Prop. W) Endorsed. R-,SOLUTTOPi 10. 223
A F,SOLUTTO^ OF TSP, C'Os' C":NCIL, C -To' Ou COSTA MESA, E7D('FSING
RROPOST T1 0 nWn ON T' h JANE 5 FRT" WRY BALLOT.
h'FI^,REAS, the Metropolitan '.^+ater District population, now six million,
i.s increasing at an amazing rate, and its industrial growth is creating an imp-
erative need for more water; and
WAP°EAS, completion of the Colorado River Aql.educt system will enable
us to raise the present 1100 million gallons daily poured into t'ie Coastal Plain
from the Colorado P,;ver to 1,200 rillion pall -ns Gaily, making possible more
water, core secur-ty, -ore Jobs, ade ,ate water a,ppl, fur years to cors, and
the b -its w up of o depleted andergro,md water to?les, and;
'ui9E'I.'EAS, Pro:)osition °hr" provider a financune Ilan with nc tax increase
for corpleting the aqueduct construction program b,.- authorizing, issuance of short
term notes which will be repaid, with interest, froi, the "back taxes" or annex-
ation fees now being raid into the District over a 25 -year period by areas which
have annexed to it 'n recent years, and;
WF�BEAS, Proncoi_tion "6:° thus makes possible the Investment of assured
future ineo-e dne over a 25-7ear period to conplete our anueduct expansion by 1460
without new tax money so we can benefit frog maximum supply cf Colorado River
-rater in the shI,rtest nossihle time.
NO "Pu!?EPORR, PF TT `LVED, that tre City Cnn ncil o.f thc. City of
Costa
Mesa does endorse Prorrs;ti on '"^' to a -car on J1 no r, llrF, Primary flection
Ballot.
PA°Sih anc ac-nted t".;s 7th day of r -ay, I'(.
'.Savor c, the +-Costa "esa
ATTEST: �
City Clerk o£ the Ci. of Costa ^^-esa
FTATE OF CALTLGR'J1A)ss
COIiN'1'Y Or CRANGE
I, A. C. S:ARTZ, Ci.ty Clerl,f the City of Costa '.,'esa, do hereby certify
tnat the above and foregoi.np Resalution ^io. 223 was dul,: and regularly passed and
adcnted at a rep,aar meeting of the City CIuncil of the City of Costa Mesa held
on the 7th da_-; of Tay, 1°56.
C t Clerk and ex-offic;�Clerk of the
T 4'"AT':__a Citi f,unc-il of the Cit, of Costa Yesa