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HomeMy WebLinkAboutReso - CC - 009-2004RESOLUTION NO. 9-2004 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME URGING SUPPORT OF PROPOSITIONS 57 and 58 ON THE MARCH 2, 2004 BALLOT WHEREAS, the Legislature and the Governor have placed the Economic Recovery Bond Act and the California Balanced Budget Act on the March 2, 2004, ballot as Proposition 57 & 58; and WHEREAS, passage of both Propositions 57 and 58 would provide $15 billion in State general obligation bonds to retire deficit; and WHEREAS, failure to approve the propositions will very likely result in significant and dramatic default or diversion of revenues due to cities and counties; and WHEREAS, further raids on local revenues by the State will require dramatic reduction in both police and fire operations as well as libraries, public works and parks; and WHEREAS, there is little evidence that the State leadership has the ability to resolve their financial problems by reductions to State spending or increases in revenues in the near future, NOW, THEREFORE, BE IT RESOLVED: 1. The City Council urges citizens to vote in favor of Proposition 57& 58 to provide funding to retire State debt and to require the provision of a budget reserve and the enactment of a balanced budget, because the passage of both propositions is required for either one to be effective. A - 0 / 4/t/7 Mayor I, ANN T. MUSSO, City Clerk of the City of Burlingame, do hereby certify that the foregoing Resolution was introduced at a regular meeting of the City Council held on the 2nd day of February 2004, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: BAYLOCR, COFFEY CALLIGAN, NAGEL, O'MAHONY NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE 1J:\Counci1\Reso1utions\prop 57 & 58.doc CITY ERR