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HomeMy WebLinkAbout66-46 - Endorsing Flood Control District Bond Issuer - RESOLUTION N0. 66-46 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, ENDORSING THE PROPOSED $46,400,000 ORANGE COUNTY FLOOD CONTROL DISTRICT BOND ISSUE FOR 1966. WHEREAS, the Chief Engineer of the Orange County Flood Control District has prepared an Engineer's Report for the construction of 80 flood control and water conservation projects throughout Orange County, with an estimated cost of $46, x+OO, 000, and `�- WHEREAS, the Orange County Board of Supervisors, acting as Board of Directors of the flood control district, has adopted said report and caused it to be placed on the June 7, 1966, primary election for the issuance of $46,400,000 in bonds, and WHEREAS, the previous flood control district bond issue authorized in June, 1956, in the amount of $42,620,000 has played a vital, role in the explosive growth and expansion of Orange County, and WHEREAS, it is anticipated that the new proposed bond issue will have a similar effect in the future and will be necessary for the continued growth and development in the county, and WHEREAS, the citizens of the City of Costa Mesa will derive both direct and indirect benefits from the proposed flood control projects, and WHEREAS, the proposed $46,400,000 bond issue will not increase the district tax rate, NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Costa Mesa endorses said bond issue proposal and strongly recommends the support of the issue by the voters of the county. PASSED AND ADOPTED this 16th day of May, 1966. Mayor of the of Costa Mesa ATTEST: ` �ZZ City Clerk of the City of Costa Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS. CITY OF COSTA MESA ) I, C. K. PRIEST, 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. 66-46 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 16th day of May, 1966. IN WITNESS WHEREOF I have hereunto set my hand and affixed the Seal of the City of Costa Mesa, this 17th day of May, 1966. City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa