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HomeMy WebLinkAboutCC RESO 8779RESOLUTION NO. 8779 RESOLUTION ENDORSING PORT DISTRICT BOND ISSUES WHEREAS, the San Diego Unified Port District has placed on the November 3, 1964 ballot the following bond issues to develop Port facilities: G - Lindbergh International Airport Terminal $5,410,000 R - Harbor Island $1,530,000 J - 24th Street Terminal, National City $3,930,000 and WHEREAS, these measures are essential to the economic and industrial growth of our metropolitan area; and WHEREAS, the San Diego Unified Port District has proven that its financial authority has been exercised wisely and profit- ably and that income from Harbor and Airport operations will re- deem the bonds; and WHEREAS, in order to achieve the two-thirds majority vote required to approve these bond issues, it is imperative that all voters be informed of the critical needs of our Unified Port District. THEREFORE, BE IT RESOLVED that the City Council of the City of National City endorses the three Port District bond is.. sues, and hereby pledges to publicize as far as possible the importance to our communities of these bond issues. PASSED AND ADOPTED this 7-0 day of October, 1964. ATTEST: