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HomeMy WebLinkAboutRESOLUTION - 9-68 - 2/27/1968 - SUPPORT ONE BILL DOLLAR BOND ISSUE RESOLUTION 9-68 SUPPORTING A PROPOSED RESOLUTION ONE BILLION DOLLAR BOND ISSUE FOR AIR-WATER POLLUTION WHEREAS, an unprecedented one billion dollar bond issued for the development and management of the nature resources of the State of Illinois will be presented to the voters at the General Election in November, 1968; and WHEREAS, referendum approval of the proposed Resource Development Bond Act will provide a 12-year Statewide, water, air and recreational program, designed to promote the control of pollution and the management and conser- vation of water and recreation facilities; and WHEREAS, the municipalities of the State of Illinois are vitally con- cerned with the problems of water pollution, air pollution, recreation, flood control, water management and water supply, to which the proposed one billion dollar Resource Development Fund will be devoted; and WHEREAS, more than half of the proceeds from the proposed bond issue will be distributed in grants and loans to local governments thus strengthen- ing home rule power to solve local problems; and WHEREAS, approval of the bond issue will generate an additional three- quarters of a billion dollars in federal matching funds which otherwise would not be available to the State and local governments: NOW, THEREFORE, BE IT RESOLVED, that the VILLAGE OF ELK GROVE VILLAGE enthusiastically endorses the proposed one billion dollar bond issue for the development and management of the natural resources of the State of Illinois, as provided in House Bill 1247 (enacted into law August 14, 1967) and urges the municipalities of the State, 'through their officers and citizens to engage in educational and civic activities to encourage the voters to approve the Resource Development Bond Act at the General Election in November, 1968. PASSED this 27th day of February ,1968 APPROVED this 27th day of February 11968 Jack D. Pahl President Attest: Eleanor G._Turner,�_by_F-ay_Bishon . Deputy Clerk