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HomeMy WebLinkAbout2870_CCv0001.pdf RESOLUTION NO. 2870 A RESOLIJTION OF THE CITY COUNCIL OF THE CITE OF REDLAI-MS SUPPORT- ING THE SANT BERNARDINO VALLEY IMUNICIPAL WATER DIS-1111RICT BOND SSUE I KHEREAS , an election will be held March 9, 1971 at which the voters will consider a general obligation bond issue proposed by the San Bernardino Valley Municipal Water District for the con- struction of a distribution system for water to be received under the State Water Project; and WHEREAS, the District' s contract with the State for northern water 45 its most valuable asset, and the supply of such supple- mental water is essential to the economy and prosperity of the Dis- trict and the preservation of its natural assets; and WHEREAS , the proposed system for the distribution of State Water has been designed to provide adequate facilities at minimum expense by use of natural -facilities by underground spreading, and by staged construction of the project so that facilities will not be built sooner than the requirement for water arises; and WHEREAS , the use of a general obligation bond issue will enable the District to plan in advance for the construction of the entire project in stages as needed, thus insuring to all of the residents of the District the benefit of the supplemental water supply to be provided, and will provide an equitable means by t which the tax burden for construction of the facilities will be shared by those who benefit from them so as to avoid an excessive tax load upon the present tax-payers of the District; NOW, THEREFORE, BE 1T RESOL1,1ED BY THE cITY COUNCIL OF THE CITY OF REDLANDS , that full support be given to the San Bernardino Valley Municipal Water District Bond Issue and that the voters be urged to cast their ballots in favor of the -bond issue on March 9, 19,111. ADOPTED, SIGNED AbID APPROVED this 21nd day of March, 1971. ATTEST: 7�vo_ of the Cit�r�of Redlands �r Ci ler