HomeMy WebLinkAboutCC RESO 10,354RE.SOLUT.I.ON NO. 10,354
RESOLUTION OPPOSING ASSEMBLY CONSTITUT.I.ONAL AMENDMENT 67
RELATING TO THE FUNDING. OF REDEVELOPMENT PROJECTS BY TAX
INCREMENTS AND TAX ALLOCATION BONDS
WHEREAS, Assembly Constitutional Amendment No. 67
proposesthe elimination of Section 19 of Article XIII from
the constitution of the State of California, and
WHEREAS, the elimination of said section would
abrogate the power of the Redevelopment Agency of the City
of National City to collect increments and issue tax alloca-
tion bonds, and
WHEREAS, the redevelopment project now being pur-
sued in the City of National City is dependent upon the
power of the Redevelopment Agency to issue and fund tax al-
location bonds;
NOW, THEREFORE, BE IT RESOLVED by the City Council
of National City that the Council opposes Assembly Constitu-
tional Amendment 67 for the reason that the proposed constitu-
tional amendment would terminate a redevelopment project which
is vital to the best interest of the 'citizens of National City.
BE IT FURTHER RESOLVED that the Council calls upon
the legislative delegation from the South Bay to oppose Assem-
bly Constitutional Amendment 67.
PASSED AND ADOPTED this
ATTEST:
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