Resolution - 5223RESOLUTION NO. 5223
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WEST COVINA ENDORSING PROPOSITION 2 ON THE JUNE
8, 1976 PRIMARY ELECTION BALLOT, RELATING TO
CAL -VET HOUSING BONDS.
WHEREAS, the Cal -Vet Housing Fund for California veterans
• will be exhausted by the date of the June 8th primary election, and
WHEREAS, the Cal -Vet program has helped 295,400 former
service men and women to buy homes and farms during the past 54
years without cost to the taxpayers of the State of California,
and
WHEREAS, the demand for such loans continues at the rate
of approximately 200 applications a week, and
WHEREAS, the passage of Proposition 2 will provide a
substantial boost to the housing industry and to the California
economy;
NOW, THEREFORE, be it resolved by the City Council of the
City of West Covina as follows:
SECTION 1. The City Council of the City of West Covina
does hereby endorse Proposition 2 on the June 8th primary election
ballot providing for the issuance of $500,000,000 in California
veterans bonds.
SECTION 2. The City Council urges the voters of the City
of.West Covina to support Proposition 2 on the June 8th primary
election ballot.
• SECTION 3. The City Clerk shall certify to the adoption
of this resolution.
Adopted and approved this 12th day of April, 1976.
ATTEST • Mayor
City
I hereby certify that the foregoing resolution was duly
adopted by the City Council of the City of West Covina at a regular
meeting thereof held on the 12th day of April, 1976, by the following
vote of the Council:
AYES: Councilmen: Miller, Chappell, Shearer, Tice, Browne
NOES: Councilmen: None
ABSENT:Councilmen: None
AP PR VED AS TO FORM:
V�
• City Attorn
City Clerk