HomeMy WebLinkAboutReso 1972-6428RESOLUTION N0.6428
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA SUPPORTING PROPOSITION 1 ON JUNE 6 PRIMARY
BALLOT
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, without additional funding provided for in
Proposition 1 on the June 6 Primary Election Ballot, the Cal-Vet
farm and home loan program will be unable to grant any further
loans, and
WHEREAS, the California Department of Veterans Affairs
now has more than 3,000 approved applications now on file and
anticipate another 5,000 during 1972, and
WHEREAS, California now has 600,000 Vietnam veterans,
increasing at the rate of 8,000 each month, each of whom should
have the opportunity to receive the same low-interest loans offered
previous veterans, and
WHEREAS, this program has been in existence for more than
50 years, and has provided more than $2 billion to 250,000 California
veterans for low-cost farm and home loans, and
WHEREAS, the Cal-Vet farm and home loan program is self-
supporting and self-liquidating at no cost to the taxpayers, and
WHEREAS, this is an exemplary program acclaimed as a
model throughout the nation, and
WHEREAS, every previous Cal-Vet bond issue submitted to
the voters since inception in 1921 has been approved, and
WHEREAS, the benefits derived from such loans are not only
incalculable to the veteran, but also to the homebuilder, the busi-
nessman and to the California economy in general.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the
City of Chula Vista hereby fully endorses and supports the passage of
Proposition 1 and urges all of the citizens of the City of Chula
Vista to join in said support and vote in favor of the adoption of
said Proposition 1.
Presented by
Approved as to form by
Thomas D. Hamilton, Jr., Mayor George Lindberg, City Atto ey
ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF CHULA
VISTA, CALIFORNIA, this 9th day of May , 1972 , by the
following vate , to'~wi t
AYES: Councilmen Scott, Hobel, Hamilton, Hyde, Egdahl
NAYES: Councilmen None
ABSENT: Councilmen. None
'K'~I--
Mayor of the City of Chk1a is ~~
._
ATTEST ~ y2~2~~ ~~~ ~ ~~~-
ity Clerk
STATE OF CALIFORNIA
COUNTY OF SAI`d DIEGO l ss .
CITY OF CHULA VISTA )
I, JENNIE M~, FULASZ~ City Clerk of the City of Chula Vista
Californian DO HEREBY CERTIFY that. the above and foregoing is a full
true and correct copy of and that. the
same has not been amended or repealed;
DF.TED
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