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RESOLUTION NO. 78 Page 4 RESOLUTION SUPPORTING PROPOSITIONS 1 A, 1 B, 1 C, 10, 1 E, AND 84 ON THE NOVEMBER 2006 BALLOT WHEREAS, the City of Redwood City is responsible for building and maintaining infrastructure that is essential to establishing and preserving the economic and social well-being of the residents and businesses of this community; and WHEREAS, this infrastructure includes roadways, bike lanes, and other transportation systems, affordable housing, provision of drinking water, sewage treatment systems, parks, and other important community amenities; and WHEREAS, the City's population has grown by over ten-percent in the last five years, and this growth trend is projected to continue and expand, creating new pressures on the city to expand and improve our basic infrastructure; and WHEREAS, earlier this year the California State Legislature approved a $37.3 billion package of fiscal and bond measures to provide funding for housing, transportation, levee repairs and flood control projects and education facilities; and WHEREAS, an additional bond measure to raise funds for clean water, parks and coastal protection has been placed on the ballot through the initiative process by a coalition of business, public health, local government, and environmental organizations; and WHEREAS, these measures have been titled Propositions 1A, 1B, 1C, 10, 1E and 84 by the Secretary of State and will be placed on the November 2006 ballot for voter approval; and WHEREAS, Proposition 1 A will close an existing loophole and ensure that gas tax revenue from Proposition 42, passed by voters in 2002, is only spent on transportation improvement projects as originally intended; and WHEREAS, Proposition 1 B will provide up to $20 billion on various transportation projects to rebuild California, of which $1 billion will go to cities and $1 billion to counties for local streets and roads improvement projects; and WHEREAS, Proposition 1 C will provide approximately $3 billion for housing projects, including $1.35 billion that helps cities address housing-related infrastructure issues, consisting of $850 million in grants for development of public infrastructure projects that facilitate or support infill housing construction, $200 million for parks, and $300 million for development near public transportation; and WHEREAS, Proposition 1 D will provide $10 billion for implementing school building repairs and providing innovative learning facilities for Californian students, including seismic retrofitting and classroom repairs; and ATTY/RESO/RESO.1649 091106 1