Loading...
HomeMy WebLinkAbout6371 - OC Flood Control District Bond Issuef t Lem 1/66 (12) 111 800 -UTION NO. 6371 2 A R3SOH;=1C1\7 OF TFE CITY COUNCIL. CF Tana C Ty 0;7 A 010127 EM-01H ENDCRSING T"t-`E PROPOSM �46,400,000 3 OeGGiIdGE..CCtI�TTI' aFLOCD.CONMOL DLST.RICT BOND ISS`S" FOR 1966 4 5 1M- 111..AS, the Chief Engineer of the Orange County Flood 6 Control District hEs prepared an Engineers Report for the con- 7 struction of 80 flood control and water conservation projects 8 throughout Crange County, with an estimated cost of p46,400,000; 9 and 10 I.IPMEAS, the Orange County Board of Supervisors acting 11 as Board of Directors of the flood control district, has adopted 12 said report and caused it to be placed on the Tune 7, 1966 primary 13 election for the issuance of $46,400,000 in bonds; and 14 !,71 MS, the previous flood control district bond issue 15 authorized in Tune, 1956 in the amount of $42,620,000 has played a 16 vital role in the explosive growth and expansion of Orange County; 17 and 181 IMMIMS, it is anticipated that the new proposed bond 191 issue will have as similar effect in the future and will be 20 necessary for the continued growth and development in the count -y; 21 and 22 111E? AS, the citizens of the City of kTewport ;each will 23 derive both direct and indirect benefits from the proposed, flood. 24 control projects; and 25 MMMAS, the proposed ^46,400,000 bond issue will r_ct 26 increase the district tax rate; 27 NM.-, TLIIM YG7,103, BE IT L1ESC :,T✓D that the City Council of 28 the City of Newport Beach indorses said bond issue proposal and 29 strongly recommends the support of the issue by the voters of the • 30 county, 31 ADOPTED this 23d day of Mav 1966. 32 ATTEST: _:- Vice nayo ..._ - Leputy Cloy C.Lerk s STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF NEWPORT BEACH) I, MARGERY SCHROUDER, City Clerk of the City of Newport Beach, California, do hereby certify that according to the records of the City of Newport Beach filed and maintained in my office, the foregoing Resolution No. 6371 was duly and regularly adopted, passed, and approved by the City Council of the City of Newport Beach, California, at a regular meeting of said City Council held at the regular meeting place thereof, on the 23d day of May 1966 by the following vote, to wit: AYES, COUNCILMEN: Shelton, Forgit, Cook, Marshall, Parsons, Rogers NOES, COUNCILMEN: None ABSENT, COUNCILMEN: Gruber Dated this 24th day of May 1966 tCA- 4� O� f ty Clerk a Ex-&Ifficio Clerk of the City Council, City of Newport Beach, State of California. •