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05121/2018 <br />RESOLUTION NO. 15666 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD <br />CITY SUPPORTING SB 5, THE CALIFORNIA, DROUGHT, WATER, <br />PARKS, CLIMATE, COASTAL PROTECTION, AND OUTDOOR <br />ACCESS FOR ALL ACT OF 2018, WHICH IS APPEARING AS <br />PROPOSITION 68 ON THE JUNE 2018 BALLOT <br />WHEREAS, the Legislature adopted and governor signed SB 5, a $4 Billion <br />General Obligation Bond to be placed on the June 2018 ballot entitled the California <br />Drought, Water, Parks, Climate, Coastal Protection, and Outdoor Access for All Act of <br />2018; and <br />WHEREAS, SB 5 represents the first legislatively authorized debt instrument for <br />parks, resources and environmental improvements since 2002; and <br />WHEREAS, investments in California's urban, suburban and rural park and <br />resources -related landscapes promote the notion of community and provide health, <br />environmental and aesthetic benefits; and <br />WHEREAS, cities are eligible for at least $1.69 billion in funding for parks, water, <br />and climate and environmental programs; and <br />WHEREAS, SB 5 contains $200 million in per capita funding to assist all of <br />California's communities in underwriting priority park -related improvements; and <br />WHEREAS, SB 5 includes an additional $15 million for grants to cities and <br />districts in urbanized counties providing park and recreation services within jurisdictions <br />of 200,000 or less in population; and <br />WHEREAS, SB 5 contains an additional $40 million that shall be available in <br />block grant awards for communities that self -tax for park related improvements; and <br />WHEREAS, SB 5 invests $725 million in grants for the creation and expansion of <br />safe neighborhood parks in park -poor neighborhoods under the Statewide Park <br />Development and Community Revitalization Act of 2008's; and <br />WHEREAS, SB 5 invests no less than $1 billion in California's most economically <br />challenged communities, eradicating blight and promoting greater access to the <br />outdoors and health-related pursuits; and <br />WHEREAS, SB 5 expends $200 million on California's State Park system, <br />addressing a greater than $1 billion backlog in deferred maintenance which will <br />translate into greater tourism and visitorship opportunities in adjacent communities; and <br />ATTY/RES0.0038/CC RESO PROP 68 RESO. NO. 15666 <br />REV: 05-14-18 JS MUFF NO. 205 <br />Page 1 of 2 <br />