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1982-47 RESOLUTION NO. 82-47 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, ENDORSING PROPOSITION 3, THE 1982 CAL-VET BOND ISSUE. WHEREAS, the State of California for 60 years has provided a loan program to enable California veterans to buy homes and farms at low rates of interest; and WHEREAS, on the 1982 November ballot, Proposition 3 - the 1982 Veterans Bond Act - will provide for a new $450 million bond issue to allow the continuance of this program for the benefit of Vietnam War-era 'Veterans and the unremarried spouses of Veterans killed in active military service; and WHEREAS, throughout the entire history of the Cal-Vet Home Loan Program, State taxpayers have paid not one cent- in the program's support - the entire cost being covered by the loan payments that veterans make on their homes and farms; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF GRAND TERRACE DOES HEREBY RESOLVE its endorsement for passage of Proposition 3, the 1982 Cal -Vet Bond issue. BE IT FURTHER RESOLVED that all voters in the 1982 November election are encouraged to support and to vote in favor of Proposition 3 on the state-wide ballot so that the Cal-Vet Home Loan Program may continue, both as a benefit to our State economy, and as deserving help to those who have served our nation in its military services. ADOPTED this 28th day of October, 1982. ATTEST: i yJM o e City o r Ma yor Nekuncil-,the o n errac Ternd of the City Coun it and of the Citreof. _thereof.- Approved as to form: i - d City Attorney 0 STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. CITY OF GRAND TERRACE ) I, MYRNA ERWAY, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of said City at a regular meeting of the City Council held on the 28th day of October, 1982, and that it was so adopted by the following vote: AYES: Councilmembers Rigley, Petta, Nix, Pfennighausen; Mayor Grant. NOES: None. ABSENT: None. City of the City o ran err4ce=- and of Re City Council thb e.a_. = STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. CITY OF GRAND TERRACE ) I, MYRNA ERWAY, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the above and foregoing is a full , true, and correct copy of Resolution No. 82-47 of said City, and that the same has not been amended or repealed. DATED: October 28, 1982. City CIVVk of the City of GrW'Terrace— and of the City Council thereo'f--. -