HomeMy WebLinkAboutResolution No. 2036 2036
RESOLUTION NO,
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
RELATING TO ADDITIONAL SHORT -TERM FINANCING FOR THE
STATE WATER PROJECT.
WHEREAS, the report of the Governor's Water Resources Task Force
issued in May, 1967, and the response thereto issued in September, 1967,
by the Department of Water Resources, confirmed that insufficient money
is available to finance construction of the initial facilities of the
State Water Project as originally scheduled by the Department; and
WHEREAS, subsequently this District and many other agencies and in-
dividuals interested in the State Water Project, at separate hearings con-
ducted by the Department and the California Water Commission and by the Senate
Subcommittee on Water Resources of the Senate General Research Committee and
the Assembly Committee on Water, recommended that additional State tideland
oil and gas revenues, originally committed to the water program but sharply
curtailed in recent years, be rededicated to assure completion on schedule of
initial facilities of the State Water Project; and
WHEREAS, State tideland oil and gas revenues committed to the State
Water Project for its reimbursable costs will be repaid in full with interest
by the State water service contractors; and
WHEREAS, Governor Reagan has recently announced that his administration
will submit two bills to the Legislature at its 1968 Regular Session which
if enacted would provide the necessary additional short -term financing to the
extent of $64 million from State tideland oil and gas revenues through fiscal
year 1972 -73 to enable the essential features of the project to be completed
on schedule; and
WHEREAS, Senator Gordon Cologne, Chairman of the Senate Committee on
Water Resources, and Assemblyman Carley V. Porter, Chairman of the Assembly
Committee on Water, have pledged their support in obtaining the approval of
such legislation, and
WHEREAS, this District wishes to endorse and recommend approval of such
proposed legislation, and commends the Governor and his administration,
Senator Cologne and Assemblyman Porter for their successful endeavors to
devise and agree on a program which could be presented for legislative approval;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS
FOLLOWS:
SECTION 1. The City Council of the City of Downey strongly endorses the
program recommended by the Governor for additional short -term financing for
the State Water Project and urges the enactment of the necessary legislation
as early as possible at the 1968 Regular Session of the California Legislature.
SECTION 2. The City Clerk shall certify to the adoption of this resolu-
tion and shall transmit copies of this resolution to Senators Gordon Cologne,
Lawrence E. Walsh, Assemblymen Carley V. Porter and Floyd L. Wakefield.
APPROVED AND ADOPTED this 13th day of February , 1968.
Mayor
ATTEST:
City Clerk
I HEREBY CERTIFY that the foregoing resolution was adopted at a regular
meeting of the City Council of the City of Downey held on the 13th day
of February 1968, by the following vote:
AYES: 4 Councilmen: Dunnum, Temple, Dickerson, Corbin
NOES: Councilmen:
ABSENT: 1 Councilmen: Morton
Citv Clerk