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HomeMy WebLinkAbout3256_CCv0001.pdf RESOLUTION NO. '3256 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS SUPPORTING PROPOSITION NO. 5, RELATING TO STATE TAXA- TION OF BANKS, CORPORATIONS , FRANCHISES AND INSURERS, ON THE JUNE 8, 1976, BALLOT. WHEREAS, the ballot of the June 8, 1976, primary election will contain a measure to eliminate the extraordinary vote requirement, which protects banks and corporations, and their franchises and insurers, and authorizes the Legislature to act by majority vote in considering such tax measures, just as it does now with respect to all other state imposed taxes, and WHEREAS , the City Council of the City of Redlands desires to support the Legislature in this matter, NOW THEREFORE, BE IT RESOLVED that the Mayor and the City Council of the City of Redlands urge the voter's to vote "Yes" on Proposition No. 5 at the forthcoming primary election. ADOPTED, SIGNED, AND APPROVED this 18th day of May, 1976. ayo r of he z "ft Re' Izi-nds ATTEST: City