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Resolution No. 4760394 RESOLUTION NO. 4760 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS OPPOSING THE CALIFORNIA CASINO GAMBLING, REGULATION AND TAXATION AMENDMENT. WHEREAS, proponents of The California Casino Gambling, Regulation and Taxation Amendment have met California Secretary of State filing requirements to obtain signatures to qualify this measure as a ballot initiative for the June 2, 1998 general election; and WHEREAS, this measure would amend the State Constitution to repeal the existing ban on gambling casinos; and WHEREAS, it would also legalize casino gambling, including slot machines, at five horse race tracks in California, including Los Alamitos Race Course in Cypress, on a 24 hour per day, 365 day per year basis; and WHEREAS, the sale of alcoholic beverages would be permitted at these locations during all hours of operation; and WHEREAS, the proposed Amendment would preempt all municipal authority to regulate or restrict the operations of such casinos; and WHEREAS, the proposed Amendment would generate no revenue to the City of Cypress by which a revenue stream could be provided to fund governmental response to issues associated with the casino operation; and WHEREAS, a high general use of a casino located at the Los Alamitos Race Course property could negatively impact future development in the City; and WHEREAS, increases in traffic associated with a casino could impact property values of adjacent property and properties that would share high volume streets; and WHEREAS, secondary effects of this type of gambling could include increases in crime; and WHEREAS, the City of Cypress has received correspondence from Los Alamitos Race Course stating that they do not support the proposed initiative. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Cypress opposes The California Casino Gambling, Regulation and Taxation Amendment. PASSED AND ADOPTED by the City Council of the City of Cypress, at a regular meeting held on the 10th day of February, 1997. ATTEST: CITY CLERK OF THE CITY OF CYPRESS STATE OF CALIFORNIA) SS COUNTY OF ORANGE ) MAYOR OF THE CITY OF CYPRESS I, LILLIAN M. HAINA, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing resolution was duly adopted at a regular meeting of said City Council held on the 10th day of February 1997, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Bowman, Jones, Keenan, Piercy NOES: 0 COUNCIL MEMBERS: None and Carroll ABSENT: 0 COUNCIL MEMBERS: None CITY CLERK OF THE CITY OF CYPRESS