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60 supporting Proposition 45TOWN OF TRUCKEE CALIFORNIA RESOLUTION NO. 2002-60 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TRUCKEE SUPPORTING THE APPROVAL OF PROPOSITION 46 - THE HOUSING AND EMERGENCY SHELTER TRUST FUND ACT OF 2002 WHEREAS, approximately 220,000 housing units need to be produced in California each year to meet demand; yet only four times in the last 20 years has the production target been reached; and WHEREAS, while the national home ownership rate has reached a record high, California is about 10 percent below the national average (67.8%) and ranks 48th in the nation; and WHEREAS, over one-third of all renter families statewide pay over half their incomes in rent; over one-half of all Iow-income renter families pay over half their income in rent; and almost three out of every four very Iow-income renter families pay over half their incomes in rent; and WHEREAS, the Department of Housing and Community Development estimates that there are over 360,000 homeless individuals in California, and other data discloses that one-third of the homeless population, and the segment increasing most rapidly are families with children; and WHEREAS, there is a urgent need to provide affordable housing to meet the increasingly unfulfilled housing needs of the state, and in the Town of Truckee; and WHEREAS, there is an immediate need to reaffirm the commitment to the housing policy of the state and to help implement local housing programs by providing sufficient financial resources in the amount of $2.1 billion to do so over a reasonable period of time; and NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF TRUCKEE as follows: That the Town Council for the Town of Truckee supports the passage of Proposition 46 - the Housing and emergency Shelter Trust Fund Act of 2002 an the November 5, 2002 statewide ballot. The foregoing Resolution was introduced at a Regular Meeting of the Truckee Town Council, held on the 17th day of October 2002 and adopted by the following vote: AYES:Councilmembers Owens, McCormack, Schneider, Susman, and Mayor Florian. ABSENT: None Ronald J. Florian, Mayor Pd'tt Osborne, CMC, Town Clerk