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Resolution No. 695RESOLUTION NO. 695 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS ENDORSING THE PROPOSED $46,400,00 ORANGE COUNTY FLOOD CONTROL DISTRICT BOND ISSUE FOR 1966 WHEREAS, the Chief Engineer of the Orange County Flood Control Distriet has prepared an Engineers Report for the construction of 80 flood control and water conservation projects throughout Orange County, with an estimated cost of $46,400,00, and WHEREAS, the Orange County Board of Supervisors acting as Board of Directors of the flood control district, has adopted said report and caused it to be placed on the June 7, 1966 primary election for the issuance of $46,400,000 in bonds, and WHEREAS, the previous flood control district bond issue authorized in June 1956 in the amount of $42,620,00 has played a vital role in the explosive growth and expansion of Orange County, and WHEREAS, it is anticipated that the new proposed bond issue will have a similar effect in the future and will be necessary for the continued growth and development in the county, and WHEREAS, the citizens of the City of Cypress will derive both direct and indirect benefits from the proposed flood control projects, and WHEREAS, the proposed $46,400,000 bond issue will not increase the district tax rate, NOW, THEREFORE, BE IT RESOLVED, that the of Cypress endoreses said bond issue proposal the support of the issue by the voters of the PASSED AND ADOPTED by the City Council of a regular meeting held on the 23rd day of May, ATTEST: •-6 [,L 4-/-,4767 CITY -CLERK OF THE CIT OF CYPRESS STATE OF CALIFORNIA) ss COUNTY OF ORANGE ) that City City Council of the City and strongly recommends county. the City of Cypress, at 1966. MAYOR OF THE CITY OF CYPRESS I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY the foregoing Resolution was adopted at a regular meeting of the said Council held on the 23rd day of May, 1966, by the following vote: AYES: NOES: ABSENT: 5 COUNCILMEN: 0 COUNCILMEN: 0 COUNCILMEN: Bowen, Harvey, Kanel, McCarney, None None and Noe CITY CLERK OF T E CITY OF CYPRESS