HomeMy WebLinkAboutCity Council - 4214 RESOLUTION NO. 4214
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF HUNTINGTON BEACH ENDORSING PROPOSITION 2,
CAL-VET BOND ISSUE
WHEREAS, the Cal-Vet housing fund will be exhausted by
the June 8, 1976 primary election; and
The Cal-Vet program has helped 295 ,400 former servicemen
and women to buy homes and farms during the past fifty-four
years without a cent of cost to the taxpayer because the bonds
are self-liquidating; and
The demand for such loans continues at the rate of nearly
two hundred applications a week; and
More than $100 million in Cal-Vet bonds are paid off every
year adding nothing to State indebtedness; and
The bonds will provide a substantial boost to the lagging
housing industry and to the California economy, as well as
provide thousands of jobs ; and
The Cal-Vet bond issue for $500 million on the June 8 , 1976
ballot will assure continuation of the program and its benefits
to ex-service personnel,
NOW, THEREFORE, BE IT RESOLVED That the City Council of
the City of Huntington Beach does hereby endorse Proposition 2,
the Cal-Vet bond issue and urges its wholehearted support by
the community .
PASSED AND ADOPTED b the City Council of the City of
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Huntington Beach at a regular meeting thereof held on the 5th
day of April, 1976 .
Gf'2�yj't-mot-,
Mayor
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ATTEST: APPROVED AS TO FORM:
City Clerk City Attor e
APPROVED AS TO CONTENT AND
AS INITIATING DEPARTMENT:
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' City Administrator
2.
Res. No. 4214
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss:
CITY OF HUNTINGTON BEACH )
I, ALICIA M. WENTWORTH, the duly elected, qualified City
Clerk of the City of Huntington Beach, and ex-officio Clerk of the
City Council of said City, do hereby certify that the whole number of
members of the City Council of the City of Huntington Beach is seven;
that the foregoing resolution was passed and adopted by the affirmative
vote of more than a majority of all the members of said City Council
at a regular meeting thereof held on the 5th day
of April 19 76 by the following vote:
AYES: Councilmen:
Bartlett, Wieder, Shipley, Duke, Gibbs
NOES: Councilmen:
Matney
ABSENT: Councilmen:
None
ABSTAIN: Councilmen:
Coen
City Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach, California