HomeMy WebLinkAbout74-061RESOLUTION NO. 74-61
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SANTA ANA ENDORSING PROPOSITION 3, CAL-VET
$350 MILLION BOND MEASURE ON THE JUNE 4TH
STATEWIDE BALLOT
WHEREAS, the Cal-Vet program has been providing low-
interest home and farm loans to California veterans for 52
years, to help them become happier and more secure citizens;
and
WHEREAS, this program is entirely self-liquidating and
costs the taxpayer absolutely nothing; and
WHEREAS,
haust available
Korean veterans
per month; and
loans now being processed will completely ex-
funds, while applications from Vietnam and
still pour in at the rate of 1600 to 1800
WHEREAS, Proposition 3, a bond measure on the June 4th
statewide ballot, will provide $350 million to allow this
program to continue; and
WHEREAS, home purchases made possible by Cal-Vet loans
pump millions of dollars into the economy each year, and
create jobs in construction, insurance, appliance, home fur-
nishings and other industries; and
WHEREAS, we recognize our obligation to continue demon-
strating gratitude and generosity to today's Vietnam veterans,
as we have to the 283,000 veterans who have already received
Cal-Vet loans;
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Santa Ana does hereby endorse Proposition 3, so that
Cal-Vet loans may continue to help our veterans help themselves
at no cost to the taxpayer, and calls on all Californians to
do likewise, giving Proposition 3 an overwhelming YES vote on
June 4th.
PASSED AND ADOPTED by the City Council of the City of
Santa Aha at its regular meeting held on the 6th day of
, 1974.
ATTEST:
CLERK OF THE COUNCIL
RESOLUTION NO. 74-61
PAGE TWO
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF SANTA ANA )
SS.:
I, FLORENCE I. MALONE, do hereby certify that I am
the Clerk of the Council of the City of Santa Ana; that the
foregoing Resolution was introduced to said Council at its
regular meeting held on the 6th day of May. ,
1974, and was at said meeting passed and adopted by the following
vote, to wit:
AYES,
NOES,
ABSENT,
Councilmen: Evans, Oriset, Markel, Garthe,
Yamamoto, Patterson, Ward
Councilmen: None
Councilmen: None
CLERK OF THE COUNCIL
APPROVED AS TO FORM:
ATTORNEY