Resolution Number 99-4-20-5RESOLUTION NO. 99_4-20-5
SUPPORTING ASSEMBLY BILL 1248 - COUNTY AIRPORTS: REVENUE BONDS
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN
CAPISTRANO, CALIFORNIA, EXPRESSING SUPPORT FOR ASSEMBLY BILL
1248, COUNTY AIRPORTS: REVENUE BONDS
WHEREAS, Assembly Bill 1248 amends current law which allows the County of
Orange to sell revenue bonds for airports without a vote of the people; and,
WHEREAS, the Revenue Bond Law of 1941 stated that with majority voter
approval, counties may use revenue bonds to finance airport construction; and,
WHEREAS, Orange and Sacramento Counties were exempted from this law in 1986;
and,
WHEREAS, the City of San Juan Capistrano believes in the importance of including
taxpayers in essential fiscal discussions which impact all county residents.
NOW, THEREFORE, BE IT RESOLVED, that the City Council ofthe City of San
Juan Capistrano does hereby support closing this loophole for the County of Orange and supports
Assembly Bill 1248.
PASSED, APPROVED, AND ADOPTED this 20th day of
April , 1999.
IJHN4GREINER, MAY R
ATTEST:
CITY CLERK
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130
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
1, CHERYL JOHNSON, City Clerk of the City of San Juan Capistrano, California,
DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No.
99-4-20-5 adopted by the City Council ofthe. City of San Juan Capistrano, California,
at a regular meeting thereof held on the 20th day of Apri 1 , 1999, by the
following vote:
AYES: Council Members Jones, Swerdlin, Bart, Campbell
and Mayor Greiner
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
CHERYL J N, CITY CLERK
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