Resolution 07997460
CITY OF ALAMEDA RESOLUTION NO. 7997
DECLARING OPPOSITION TO STATE PROPOSITION 14 ("WATSON INITIATIVE")
AND URGING NEGATIVE VOTE THEREON
WHEREAS, State Proposition 14 ("Watson Initiative") appearing on the November 7, 1972,
ballot imposes arbitrary tax rate limitations upon local agencies without providing any remedy to
those agencies whose expenditures exceed the revenues generated by the maximum tax rates allowed;
and
WHEREAS, any property tax reductions provided by the initiative would benefit the business
community at the expense of single family homeowners whose property tax reductions would be substan-
tially more than offset by other increased taxes specified in the initiative needed to compensate
for the massive statewide deficit the initiative would create; and
WHEREAS, local school districts will suffer irreparable harm because of the measure's
failure to provide replacement revenues to be lust thereby, the total of necessary replacement
revenues to local governments, including such districts, being estimated at $2.5 billion; and
WHEREAS, the initiative contains no provision which would insure that renters would get
any tax relief whatsoever;
NOW THEREFORE, BE IT RESOLVED that this Council does hereby express and declare its
opposition to said Proposition 14, and does urge the electorate of the City to vote against this
ill-conceived measure at the November 7, 1972, election.
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I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly
introduced and adopted by the Council of the City of Alameda in adjourned regular meeting assembled
on the 24th day of October, 1972, by the following vote, to wit:
AYES: Councilmen Fore, Levy, Longaker and McCall, (4).
NOES: None.
ABSENT: President La Croix, Jr., (1).
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said
City this 25th day of October, 1972.
(SEAL) IRMA L. NELSON
City Clerk of the City of Alameda
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I hereby certify that the foregoing is a full, true and correct copy of "City of Alameda
Resolution No. 7997, DECLARING OPPOSITION TO STATE PROPOSITION 14 ("WATSON INITIATIVE") AND URGING
NEGATIVE VOTE THEREON," introduced and adopted by the Council of the City of Alameda on the 24th
day of October, 1972.
City Clerk of he City of Alameda