1981-141RESOLUTION N0. 81R- 141
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM
AUTHORIZING CERTAIN OF ITS MEMBERS TO FILE A WRITTEN
ARGUMENT FOR AND AGAINST BALLOT MEASURES RELATING TO
PROPOSITIONS FOR THE ISSUANCE OF ELECTRIC REVENUE BONDS
AND REVENUE BOND ANTICIPATION NOTES RELATING TO THE SAN
ONOFRE NUCLEAR GENERATING STATIN AND AMENDING THE
CHARTER OF THE CITY OF ANAHEIM TO PROVIDE FOR THE
ISSUANCE OF REFUNDING REVENUE BONDS.
WHEREAS, a special municipal election is to be held in
the City of Anaheim on June 2, 1981, at which there will be
submitted to the qualified voters of the City a proposition for
the issuance of Electric Revenue Bonds and Revenue Bond
Anticipation Notes pursuant to Section 1210 of the Charter of
the City and the Revenue Bond Law of 1941 (Chapter 6, Par 1,
Division 2, Title 5 of the Government Code of the State of
California), all as contained in the following ballot measure:
I ELECTRIC REVENUE BOND PROPOSITION I I
I I I
I I
I In order to obtain substantial
(savings and provide more economical
lelectric service, shall the City of
(Anaheim be authorized to finance the I YES
(construction and acquisition of I I I
(facilities, property and rights re-
Ilated to the San Onofre Nuclear I i
(Generating Station and the generation I I I
land transmission of electric energy
Iby issuing revenue bonds and revenue I NO I
(bond anticipation notes and any com-
Ibination thereof, not payable from
(property taxes, in an aggregate
(principal amount outstanding in ac- I
Icordance with their terms at any one I I I
(time not to exceed $92 million? I I I
I I I I
WHEREAS, at said special municipal e
be submitted to the qualified voters of the
to amend the Charter of the City to permit,
circumstances, the issuance of electric and
revenue bonds pursuant to Article XI of the
State of California and Chapter 2, Division
Government Code of the State of California,
in the following ballot measure:
lection, there will
City a proposition
in certain
water refunding
Constitution of the
2, Title 4 of the
all as contained
Shall the Charter of the City of
Anaheim be amended to permit the is-
suance by the City of electric and
water refunding revenue bonds to
purchase, redeem or retire electric
and water revenue bonds without
additional authorization by the voters,
when the City Council determines that
the issuance of such refunding bonds
will reduce costs to the City or will
otherwise be financially advantageous
to the City, provided that any principal
and interest savings from any such
refunding in any year shall be reflected
in establishing utility rates?
YES
NO
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ANAHEIM
DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
SECTION 1.
That this City Council, being the legislative body of
the City of Anaheim, hereby authorizes
Mayor John Seymour
Mayor Pro Tem E. Llewellyn Overholt, Jr.
Council Member Miriam Kaywood
Council Member Ben Bay
Council Member Don R. Roth
members of said body, to file a written argument for the City
measures set forth in the recitals hereof in accordance with
Section 5013 of the Elections Code of the State of California
and to change said argument until and including the date fixed
by the City Clerk after which no arguments for or against said
measure may be submitted.
SECTION 2.
That this City Council, being the legislative body of
the City of Anaheim, hereby authorizes
NONE
a member of said body, to file a written argument against the
City measures set forth in the recitals hereof in accordance
with Section 5013 of the Elections Code of the State of California
and to change said argument until and including the date fixed
-2-
by the City Clerk after which no arguments for or against said
measure may be submitted.
THE FOREGOING RESOLUTION is approved and adopted by the
City Council of the City of Anaheim this 24th day of March, 1981.
F THE CITX OF ANAHEIM
ATTEST:
CIT CLERK OF THE ITY OF ANAHEIM
-3-
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 81R-141 was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on
the 24th day of March, 19$1, by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Overholt, Kaywood, Bay, Roth and Seymour
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said
Resolution No. S1R-141 on the 24th day of March, 1981.
IN WITNESS WHEREOF, I have hereunto set my hand. and affixed the seal of the
City of Anaheim this 24th day of March, 1981.
_- ~. ,off
CITY C ERK OF THE CI OF ANAHEIM
(SEAL)
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. $1R-141 duly passed and adopted
by the Anaheim City Council on March 24, 1981.
CITY CLERK