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HomeMy WebLinkAbout5663 RESOLUTION NO. 5663 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, IN SUPPORT OF A SCHOOL DISTRICT BOND MEASURE TO BE SUBMITTED TO THE ELECTORATE ON SEPTEMBER 15, 1992 WHEREAS, the Arcadia Unified School District has carefully reviewed and studied the needs of the School District with regard to use of facilities; and WHEREAS, information gathered by the Financial Advisory Committee for Tomorrow's Schools has been presented to the Arcadia School Board, the City Council and the community; and WHEREAS, the conclusion of this report showsa severe "facilities" problem for Arcadia schools; and WHEREAS, the quality of schools in Arcadia form an integral part of that community's character; and WHEREAS, said schools are directly related to the quality of life in the City of Arcadia; and WHEREAS, the purpose of the Bond Measure is to enhance the quality of Arcadia schools and provide a safe and conducive environment for the educational process; and WHEREAS, the City Council of the city of Arcadia desires to maintain the quality of schools in the city . NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES HEREBY DETERMINE AND RESOLVE AS FOLLOWS: SECTION 1. The City Council does hereby support and endorse the School District's proposed Bond Measure authorizing the School District to incur "bonded indebtedness for the Arcadia Unified School District in an amount not to exceed $27,407,000 to bear 5663 interest at a rate not to exceed the statutory limit per annum, for the purpose of providing financing for the construction, improvement, alteration and rebuilding of educational facilities within the Arcadia unified School District." SECTION 2. In order to maintain the quality of life in Arcadia, to promote the community, and insure quality educational facilities, the City Council of the City of Arcadia endorses the above proposal, and urges all voters to support this Bond Measure and vote YES at the election scheduled for September 15, 1992. SECTION 3. That the City Clerk shall certify to the adoption of this Resolution and a copy of same to be forwarded to the Arcadia Unified School District and interested parties. Passed, approved and adopted this l~th.day of , 1992. -\ \ l ATTEST: ~ Arcadia ci -2- 5663 STATE OF CALIFORNIA COUNTY OF LOS ANGELES SS: CITY OF ARCADIA I, JUNE D. ALFORD, City Clerk of the city of Arcadia, hereby certify that the foregoing Resolution No. 5663 was passed and adopted by the city Council of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said Council held on the 19th day of May, 1992 and that said Resolution was adopted by the following vote, to wit: AYES: Councilmember Ciraulo, Harbicht, Lojeski, Margett and Fasching NOES: None ABSENT: None f Arcadia cit 3 5663