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TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: DIRECTOR OF PUBLIC WORKS DATE: OCTOBER 15, 2002 SUBJECT: PROPOSITION 46 - HOUSING AND EMERGENCY SHSELTER TRUST FUND ACT OF 2002 RECOMMENDATION: Consider the recommendation of Councilmember Clark to support Proposition 46 on the November ballot. BACKGROUND: Proposition 46 places $2.1 billion in general obligation bonds on the November 2002 ballot, which would be used for various housing programs. According to the League of Cities' staff this measure will provide emergency shelters for battered women, homeless seniors, veterans and the mentally ill and housing for moderate to low income working families, seniors, disabled persons, farm workers and many other Californians in need of quality affordable rental and ownership housing. The measure also includes specific provisions that provide for fiscal accountability at both the local and statewide levels. The passage of this bond measure will likely assist local governments to meet the housing goals that are required by the state. An argument in favor of the measure is attached, as is a League of Women Voters Analysis of the California's Bond Debt. DISCUSSION: A coalition of senior organizations, business groups, non-profit housing and homeless advocates, educators, developers, labor unions, local governments and numerous charitable organizations has already joined together to support this measure. Recent endorsements include the South Bay Association of Chambers of Commerce, the South Bay Cities Council of Governments and the City of Redondo Beach. In addition, the Daily Breeze will soon run an editorial in favor of this ballot measure. Respectfully submitted, Attachments |