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1974-218RESOLUTION NO. 74R -218 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM ENDORSING PROPOSITION 3 IN THE JUNE 4th, 1974 ELECTION CONCERNING THE CAL -VET BOND MEASURE. WHEREAS, the Cal -Vet program has been providing low interest home and farm loans to California veterans for 52 years, to help them become happier and more secure citizens; and WHEREAS, this program is entirely self liquidating and costs the taxpayer absolutely nothing; and WHEREAS, loans now being processed will completely exhaust available funds, while applications from Vietnam and Korean veterans still pour in at the rate of 1600 to 1800 per month; and WHEREAS, Proposition 3, a bond measure on the June 4th statewide ballot, will provide $350 million to allow this program to continue; and WHEREAS, home purchases made possible by Cal -Vet loans pump millions of dollars into the economy each year, and create jobs in construction, insurance, appliance, home furnish- ings and other industries; and WHEREAS, the City Council does recognize the need for such a bond measure as in the best interests of the citizens of the City of Anaheim and does hereby support Proposition 3 on the June 4th, 1974 election. NOW, THEREFORE, BE IT RESOLVED by the City Council that it does hereby endorse Proposition 3 in the June 4th, 1974 election, and calls hereby on all citizens to do likewise and vote for said Proposition 3 in the June 4th, 1974 election. THE FOREGOING RESOLUTION is approved and signed by me this 7th day of May, 1974. ATTEST: CITY CLERK OF THE CITY OF ANAHEIM FAL:jh MAYOR OF THE CITY OF ANAHEIM STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM I, ALONA M. FARRENS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 74R -218 was passed and adopted at a regular meeting of the Cit' y Council held on the 7th day of May 1974 by the following vote of the members thereof: AYES: COUNCIL MEMBERS: KAYWOOD, SEYMOUR, PEBLEY, SNEEGAS and THOM NOES: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution on the 7th day of May 1974 IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 7th day of May 1974 (SEAL) CITY CLERK OF THE CITY OF ANAHEIM I, ALONA M. FARRENS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 74R -218 duly passed and adopted by the Anaheim City Council on May 7, 1974. City Clerk