HomeMy WebLinkAboutCC RESO 11,481RESOLUTION NO. 11,481
RESOLUTION IN SUPPORT OF PROPOSITION W
WHEREAS, Proposition W will be presented to
voters within the Metropolitan Water District of Southern
California on June 4, 1974; and
WHEREAS, Proposition W, if approved, will
authorize the Metropolitan Water District to issue revenue
bonds secured by the sale of water to complete the vital
works needed to deliver water from the California State
Water Project to the MWD member agencies throughout Southern
California; and
WHEREAS, revenue bond financing will help remove
the burden of repayment of capital costs for water supply
systems from property taxpayers to water users, will help
keep down the cost of delivered water, and will require
future water users to pay their fair share of the capital
costs of the system; and
WHEREAS, San Diego County and the City of National
City will benefit from revenue bond financing of expansion
of the Robert A. Skinner Filtration Plant and other parts
of the San Diego Aqueducts and Inland Feeder systems;
NOW, THEREFORE, BE IT RESOLVED, that the City
Council of the City of National City endorses the aims and
objectives of Proposition W and urges its passage at the
June 4, 1974, election.
PASSED AND ADOPTED this 7th day of May, 1974.
ATTEST: