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HomeMy WebLinkAboutAgenda Statement 1977/04/05 Item 08CITY OF CHULA VISTA ITEM NO. $ COUNCIL AGENDA STATEMENT ~' 4/5/77 FOR MEETING OF: ITEM TITLE Resolution 8568- Approving the Action of the South Bay Irrigation District to Place a Bond Issue in the Sum of $22,500,000 on the May 31, 1977 Election Ballot for the Acquisition of the California- American Water Company SUBMITTED BY~ City Attorney ITEM EXPLANATION The South Bay Irrigation District has asked that the City Council concur with their action to place on the ballot of the May 31, 1977 election a proposal to issue $22,500,000 worth of revenue bonds to provide funds for the acquisition of the California-American Water Company.. A resolution as prepared by the South Bay Irrigation District is attached for action by the Council. tXllltSl 15 X11 I Al~t'itU Agreement Resolution x Ordinance Plat Other Environmental Document: Attached Submitted on STAFF RECOMMENDATION: Approval of Resolution BOARD/ COMMISSION RECOMMENDATION COUNCIL ACTION _...-~- Dated,.... _. ~ - S -,.~. ~...,.,...~... -113