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HomeMy WebLinkAboutCC RESO 92-16RESOLUTION NO. 92-16 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY URGING AN AMERICAN SOLUTION TO THE CAPITALIZATION OF THE AEROSPACE INDUSTRY WHEREAS, McDonnell Douglas Corporation, Long Beach, has demonstrated before a Committee of Congress the need for additional capital and facilities to develop the MD-12 commercial aircraft; and WHEREAS, Taiwan Aerospace has made offers to buy significant percentages of McDonnell Douglas Corporation and General Dynamics Corporation, Convair Division, which constructs fuselages for McDonnell Douglas aircraft; and WHEREAS, these two venerable defense and commercial aviation contractors have been integral parts of the greater Southern California community and its labor force since 1935; and WHEREAS, the livelihoods of 53,000 direct employees and their families, plus the livelihoods of more than 200,000 others as employees and principals of vendor and subcontracting firms, are dependent upon the continued presence and future expansion of these two corporations herein in Southern California; and WHEREAS, for the security of our country's aerospace technology, for preservation of aerospace jobs in Southern California and the nation, and for youth training and skilled employment opportunities now and in the coming century, it is important to find an alternative to foreign investment in McDonnell Douglas Corporation and General Dynamics Corporation. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the Council hereby joins with and wholly supports the Committee to Enact A Patriotic Alternative to Commercial Takeover of American Aircraft Production and Maintenance (P.A.C.T.) in efforts to find a suitable alternative to foreign investment in McDonnell Douglas and General Dynamics Corporations. Continued on Page Two Resolution No. 92-16 Page 2 of 2 BE IT FURTHER RESOLVED that the City Council exhorts Congress and the President of the United States to find an American solution to capitalization of these vital and respected giants of the aerospace industry. PASSED and ADOPTED this 21st day of January, 1992. George 1 W ters, Mayor ATTEST: L ' Anne Peoples, City lerk APPROVED AS TO FORM: George H. Eiser, III City Attorney