HomeMy WebLinkAboutRESO 5404RESOLUTION NO. 5404 • ORIGINAL
RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO
ENDORSING THE REVENUE BOliD ISSUE OF SANTA CLARA
VALLEY WATER DISTRICT
WHEREAS, Santa Clara Valley Water District has called an election
to be held May 31, 1977, seeking authority to issue $56,000,000 of
Revenue Bonds to improve its water service to levels consistent with
the Master Plan of the Cities and County of Santa Clara; and
WHEREAS, Revenue Bonds will place no bu7den upon property taxes
or upon residents not benefited but will be repaid only by the
revenues of the water enterprise so funded; and
WHEREAS, a bond issue for such funding will spread the cost
thereof to future as well as present water users; and
WHEREAS, the major improvements to be funded are necessary to
take advantage of the Federal San Felipe Water Project which has
received final approval by the administration of Presid~nt Carter;
NOW, THEREFORE, the Council of the City of Palo Alto does
RESOLVE as follows:
SECTION 1. The City of Palo Alto hereby endorses the proposed
issue of Revenue Bonds of Santa Clara Valley Water District to
improve its water service and urges approval of said bond issue by
the voters of the District on May 31, 1977.
SECTION 2. The Council of the City of Palo Alto in enacting
this resolution does realize that the Revenue Bond issue, if passed.
will provide substantial water service improvements within ~he Santa
Clara Valley Water District which may stimulate significant population
increases with the County. To minimize the adverse effects of such
growth, the Council requests the County to preserve agricultural lands
in the south county, to control growth through zoning, and to keep
density at a reasonable, low level. The Council furthermore en-
courages the County to preserve and safeguard its present and future
water resources through water reclamation and water conservation.
SECTION 3. The Council of the City of Palo Alto hereby finds
that the enactment of this resolution is not a "project" within the
meaning of that term as defined in Section 11.04.130 of the Palo
Alto Municipal Code and, therefore, no environmental assessment is
necessary.
INTRODUCED AND PASSED: May 2, 1977
AYES: Behrs, Berwald Carey, Eyerly, Norton, Sher, Witherspoon
NOES: None
ABSENT: Comstock, Clay
ATTEST: 0 1;'
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