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CC Resolution No. 02-151RESOLUTION NO. 02-151 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO IN SUPPORT OF THE HOUSING AND EMERGENCY TRUST FUND ACT OF 2002, PROPOSITION 46 WHEREAS, a coalition of cities throughout Califomia is coming together to support Proposition 46, the Housing and Emergency Shelter Trust Fund Act of 2002, on the November 5, 2002 statewide ballot; and WHEREAS, the state of California is experiencing a growing housing crisis; and WHEREAS, Proposition 46 would authorize the state of California to sell $2.1 billion of general obligation bonds to support housing programs in the state; and WHEREAS, Proposition 46 is an important measure for all cities and counties as it would provide a much-needed funding for the construction of affordable housing. NOW, THEREFORE, BE IT RESOLVED that the Cupertino City Council supports Proposition 46. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 19th day of August 2002, by the following vote: Vote Members of the City Council AYES: Lowenthal, Chang, James, Kwok NOES: None ABSENT: Sandoval ABSTAiN: None ATTEST: APPROVED: A ~ I~la~6r, City of Cupertino