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HomeMy WebLinkAbout1970-05-28; City Council; 179; City Bond IssueTHE CITY OF Agenda Bill No. -\ 79 CARLSBAD, *'' C -'-A'" L I F O R N I A Date: Mav 28. 1970 Referred To: Subject: City Bond Issue Submitted By: City Attorney Statement of the Matter As a result of the Council Meeting of May 19, 1970, it was determined that a bond issue would be necessary to achieve funding of the Public Works and Parks and Recreation priority projects. Exhibits 1. Agenda Bill #154 and exhibits attached thereto, 2. Agenda Bill #162 and exhibits attached thereto, 3. Resolution No. 1741 Recommendations COUNCIL ACTION 6-3-70 Resolution #1741 adopted by title only and further reading waived stating Council's intention to hold bond election. f* "••i 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 | 26 i I' 27; 28 i 29 !|i 30 j 31 i 32 RESOLUTION NO. 1741 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD EXPRESSING COUNCIL INTENTION TO SUBMIT TO THE VOTERS THE ISSUANCE OF ONE OR MORE BOND ISSUES FOR THE PURPOSE OF FUNDING NEEDED PUBLIC WORKS AND PARKS AND RECREATION PROJECTS. The City Council of the City of Carlsbad does hereby resolve as follows: 1. There are in the City of Carlsbad various needed improvement; to City public works and to the City parks and recreations program j and facilities. 2. Funding for said needed projects can be accomplished most expeditiously through the issuance of bonds. 3. The City Council of the City of Carlsbad does hereby express its intention to submit to the voters the question of whether or not bonds should be issued, in one or more issues, for the purposes of funding needed public works projects and parks and recreations projects. PASSED, APPROVED, AND ADOPTED at a meeting of the City Council of the City of Carlsbad, California, held June 3 , 1970, by the following vote, to wit: AYES: Mayor Dunne, Cmn. McComas, Castro and Lewis. NOES: None. ABSENT: Cmn. Jardine. DAVID M. DUNNb, Mayor ATTEST: MARGARET E. AIJAMS, City ClerK