HomeMy WebLinkAboutCC RESO 8326RESOLUTION NO. 8326
RESOLUTION OPPOSING LOWERING TWO-THIRDS MAJORITY
REQUIREMENT FOR PASSAGE OF GENERAL OBLIGATION BOND ISSUE
WHEREAS, it has come to the attention of the City
Council of the City of National City, California, that municipal
and state officials are considering a proposal to change the
Laws of the State of California to allow passage of a general
obligation bond issue for cities with less than the present
two thirds majority, and
WHEREAS, such a change could result in increased tax
burdens upon the real property within the State of California
without sufficient consideration or restraints, and
WHEREAS, real property in the State of California now
is taxed at such a level as to inhibit development and growth
of business and industry now in the State and to work a hardship
upon owners of private dwelling places and multiple residential
establishments, and
WHEREAS, the possibility of passage of additional
general obligation bond issues would serve to deter new industry
and business firms from entering the State of California at a
time when such new enterprises are needed most urgently,
NOW, THEREFORE, be it resolvedthat the City Council
of the City of National City opposes the lowering of the two-
thirds majority requirement unless the condition that "only
property owners may vote" is added.
BE IT FURTHER RESOLVED that copies of this resolution
be fo^warded by the City Clerk to Senator Jack Schrade and to
each !epresentative of the people of National City in the State
Legislative Assembly.
PASSED AND ADOPTED this 5th day of March, 1963.
ATTEST-
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CITY CLERK