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Reso 0383-05/1974 RESOLUTION NO. 383 RESOLUTION OFTHE BOARD OF DIRECTORS OF THE SAN MARCOS COUNTY WATER DISTRICT IN SUPPORT OF PROPOSITION "W" WHEREAS, Proposition "W" will be presented to voters within the Metropolitan Water District of Southern California on June 4, 1974; and WHEREAS, Proposition"W", if approved, will authorize the Metropolitan Water District to issue revenue bonds secured by the sale of water to complete the vital works needed to deliver water from the California State Water Project to the Metropolitan Water District member agencies throughout Southern California; and WHEREAS, revenue bond financing will help remove the burden of repayment of capital costs for water supply systems from property taxpayers to water users, will help keep down the cost of delivered water, and will require future water users to pay their fair share of the capital costs of the system; and WHEREAS, San Diego County and San Marcos County Water District will benefit from revenue bond financing of expansion of the Robert A. Skinner Filtration Plant and other parts of the San Diego Aqueducts and Inland Feeder systems; NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED by the Board of Directors of San Marcos County Water District as follows: Section 1: That the San Marcos County Water District endorses the aims and objectives of Proposition "W" and urges its passage at the June 4, 1974 election. Section 2: The Secretary is hereby authorized and directed to provide a copy of this Resolution to the Metropolitan Water District of Southern California, the San Diego County Water Authority, the Citizens for Proposition "W" as evidence of our support of the approval of this proposition. PASSED, ADOPTED AND ORDERED this 20th day of May, 1974, by the following roll call vote: Resolution No. 383 - (Support of Proposition W) AYES: Directors: Dutton, Vanderbeck, Dow, Mahr, Blanchard NOES: Directors: None ABSTAIN: Directors: None ABSENT: Directors: None P t of the Board of Directors San Marcos County Water District ATTEST: ' ' ' ectors