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Reso 0022-05/1956 RESOLUTION NO. 22 RESOLUTION FAVORING PROPOSITION "W" WHEREAS The Metropolitan Water District of Southern California proses to complete construction of its Colorado River Aqueduct System as quickly as possible during the coming several years at an estimated cost of over $80,000,000; and WHEREAS, The Metropolitan Water District now has over $170,000,000. in back taxes receivable and due over a 30-year period. To supply funds for completion of the construction at the desired accelerated rate Pro- position "W" allows The Metropolitan Water District to borrow up to one- half of the back taxes. Approval will insure construction of projects necessary to San Diego County and the San Marcos area's best interests. NOW, THEREFORE, BE IT RESOLVED that this Board of Directors of the SAN MARCOS COUNTY WATER DISTRICT strongly recommnds a "YES" vote on PROPOSITION "W" on June 5th, 1956. STATE OF CALIFORNIA ) ) SS COUNTY OF SAN DIEGO ) I, Anna D. Charlton, Secretary of the San Marcos County Water District (Name and Office) do hereby certify that the foregoing is a full, true and correct trans- cript of the Resolution passed at the meeting of May 7th, 1956, of the Board of Directors of the San Marcos County Water District. (Name of organisation)