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CC Resolution 1986-040^ 3 RESOLUTION NO. 86-40 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF * LA QUINTA, CALIFORNIA, EXPRESSING SUPPORT FOR PROPOSITION 44, THE WATER CONSERVATION AND WATER QUALITY BOND ACT. WHEREAS, an adequate supply of good quality water is essential to the health and safety of California's ever-growing population; and WHEREAS, adequate supplies of good quality water are vital to the maintenance and development of the State's economy; particularly California's two largest industries, tourism and agriculture, generating $45 billion in annual revenue for California; and; WHEREAS, locally sponsored water conservation, groundwater recharge, and drainage projects are among the most cost effective ways to help insure adequate supplies of good quality water; and WHEREAS, in 1984, the California electorate approved a Clean Water Bond Act which provided $10 million for low interest loans to water agencies for water conservation projects; and WHEREAS, application for those loans exceeded available funds by nine times, demonstrating the need for such a program; and WHEREAS, the Water Conservation and Water Quality Control Bond Act, Proposition 44, on the June ballot would provide $150 million for loans to water agencies for water conservation, groundwater recharge, and drainage projects; and WHEREAS, the Water Conservation and Water Quality Bond Act, Proposition 44, would be an extremely cost measure for Californians costing an average of 37 cents per household annually; and WHEREAS, funds available from Proposition 44 are expected to be a significant help in developing locally sponsored water conservation, drainage, and groundwater recharge projects. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of La Quinta, California, supports Proposition 44, The Water Conser- vation and Water Quality Control Bond Act, and urges its passage by the California electorate on June 3, 1986. ATTEST: CIT BIB] 06-15-1998-U01 09:03:05AM-U01 ADMIN-U01 CCRES-U02 86-U02 40-U02 ^ 3RESOLUTION NO. 86-40. APPROVED AS TO FORM: APPROVED AS TO CONTENT: CITY MANAGER BIB] 06-15-1998-U01 09:03:05AM-U01 ADMIN-U01 CCRES-U02 86-U02 40-U02