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HomeMy WebLinkAbout81-025RESOLUTION'IN S~PPORT OF INITIATIVE 394 WHEREAS, the rate payers of this state now face drastically increased electric bills because of the fiscal mismanagement of the five nuclear power plants being constructed by the Washington Public Power Supply System (WPPSS); and WHEREAS, these costs continue to rise because WPPSS' spending is not subject to public review or approval; and WHEREAS, no public agency like WPPSS should have a blank-check for spending of our money; and WHEREAS, voter approval of future bond sales by WPPSS would" require them to set a budget and live within it by controlling excessive and unnecessary costs; and WHEREAS, the people of this state certainly have the right to vote yes or no before a public agency issues bonds which they will have to repay through higher electric rates; THEREFORE, BE IT RESOLVED THAT the Mayor and City Council of the City of Port Townsend support the efforts of the Don't Bankrupt Washington Committee to enact Initiative 394 - the Washington State Energy Financing Voter Approval Act - and urge our :constituents'to actively work for passage of Initiative 394 on the November 3rd general election ballot. BARNEY MCCLURE Mayor Date