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099 of 1983 - SLC Endorsement of SLCo $33,500,000 Bond Election for Storm Flooding R 83-19 RESOLUTION NO. 99 OF 1983 (Endorsing the $33,500,000 Salt Lake County Bond Election to be held December 13, 1983) A RESOLUTION ENDORSING AND SUPPORTING THE $33,500,000 SALT LAKE COUNTY BOND ELECTION AND URGING THE SUPPORT OF THE VOTERS OF SALT LAKE CITY. WHEREAS, the flooding in the spring of 1983 created major storm systems damage to the City Creek drainage system, the Parley's Creek drainage system, the Emigration drainage system, and the Red Butte drainage system in Salt Lake City; and WHEREAS, the flood fighting efforts of Salt Lake City, its employees and its citizens, contributed greatly to minimize private property damage at the expense of public property damage; and WHEREAS, costs incurred in both flood fighting and storm drainage systems repair will require revenues greater than anticipated through either federal , state, or local funding sources; and WHEREAS, Salt Lake County has proposed a $33,500,000 bond issue to cover an accelerated five—year capital improvement program as well as those costs incurred directly as a result of the flooding in 1983; and WHEREAS, Salt Lake County has indicated as a part of its bond issue that the current mill levy for flood control purposes would not increase and, should the bond issue not pass, a potential six to seven mill increase might be necessary in 1984; NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Council hereby endorse and support this bond issue and urge the voters of Salt Lake City to support it at the county—wide bond election scheduled for December 13, 1983. Passed by the City Council of Salt Lake City , Utah, this 6thday of December 1983. MAY CHAIRMAN ATTEST: ,` JJ 41TYRECO S E A �I=