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HomeMy WebLinkAboutResolution - 684 RESOLUTION NO. 684 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JACINTO ENDORSING THE PROPOSED $850,000,000 WATER BOND ISSUE OF THE METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA. WHEREAS, the Board of Directors of The Metropolitan Water District of Southern California has determined to submit to the voters within said District at the ,Tune 7, 1966, election, a proposition for the issuance of 1850,000,000 of general obli- gation bonds for the construction of facilities to distribute water from the State Water Project; and WHEREAS, the Board of Directors of--The Metropolitan Water District has for many years, been well known for its ex- pert planning in the distribution of supplemental water through- out Southern California; and WHEREAS, this City Council has complete confidence in the judgment of the Board of Directors of said Metropolitan Water District to adequately plan for the necessary physical facilities to distribute supplemental water throughout Southern California before the need therefor becomes critical; and WHEREAS, said proposed Water Bond Issue is the most practical and feasible means of financing the said necessary distribution facilities; NOW, THEREFORE, BE IT RESOLVED BY THE City Council of the City of San Jacinto as followst That this City Council endorse, and it does, hereby, endorse Proposition W, the $850,000 000 Water Bond Issue of The Metropolitan Water District of Southern California for the con- structinn of facilities necessary to deliver throughout Southern California the water contracted for by said Metropolitan Water District with the State of California; That confidence is hereby expressed in the judgment of the Board of Directors of said Metropolitan Water District, in choosing the said Water Bond Issue as the most practical and economical method of financing the necessary water distribution facilities; That approval of the timeliness of the said Water Bond Issue to avoid subsequent critical need for the said water distribution facilities is hereby expressed; and That the City Clerk is instructed to certify to the adoption of this resolution and transmit a certified copy there- of to the Board of Directors of The Metropolitan Water District of Southern California, to the Board of Directors of The Eastern Metropolitan Water District, and to the Board of Supervisors of Riverside County, PASSED, APPROVED AND ADOPTED THIS d4dday of z , 1966. 4 Mayor ATTEST: LUCY MAY ALLEN, City Clerk B f 'It, Deputy Cit C rk CERTIFICATE The foregoing is certified to be a true copy of a Resolution duly adopted by the said City Council of the City of San Jacinto on the date therein set forth. LUCY MAY ALLEN, City Clerk J By Deputy / Vk -2-