Resolution 1507
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RESOLUTION NO.
1507
A RESOLUTION AUTHORIZING FILING OF A WRITTEN
ARGUMENT FOR CITY MEASURE
RESOLVED, by the City Council of the City of Gilroy, Santa
Clara County, California, that
WHEREAS, at the Special Municipal Election to be held on the
3rd day of November, 1970, the following City measure will be sub-
mitted to the qualified electors of the City:
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PROPOSITION:
(Bond Interest
Ra te )
Shall the maximum interest rate be
changed from 6% to the maximum rate
authorized by law, to wit: 7%,on
the unissued portion of all of the
bonds authorized at the special municipal bond election held
on April 8, 1969, in the City of Gilroy, being the bonds set
forth and described in the three separate measures submitted
to the electors at said election?
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NOH, THEREFORE, IT IS HEREBY DETERMINED and ORDERED that this
City Council, being the legislative body of the City of Gilroy,
hereby authorizes:
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FRED p.. BA TREZ
GEORGE T. DUFFIN
W\RK E. KENNEDY
JOHN E" PATE
ANTHONY C. SILVA
EVERETT C. WENTWORTH
NORMAN B~ GOODRICH
Members of this body, to file a written argument for said City
measure in accordance with Article 4, Chapter 3, Division 4. of
the Elections Code and to change said argument until and including
Ithe date fixed by the City Clerk, after which no arguments for or
against said measure may be submitted to her.
ATTEST:
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City
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Clerk '")
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ABSENT,
APPROVED:
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