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CC - 1965 - 06 - World's Fair in city of LA• • RESOLUTION NO. 65- 6 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD IN SUPPORT OF THE PROPOSAL TO CONDUCT A WORLD'S FAIR IN THE CITY OF LOS ANGELES WHEREAS, according to extensive studies the proposed California World's Fair would place the State of California and the Los Angeles Metropolitan Area in the national and international spotlight, would result in favorable international and national publicity and would call attention dramatically to the ascendency of California to its status as the most populous state in the United States, and WHEREAS, economic studies indicate that the proposed Exposition would be attended by approximately 43,000,000 persons, would result in the expenditure of many millions of dollars in Los Angeles and surrounding communities, including the City of Rosemead, and would have an economic impact on the State of Calif- ornia of approximately $1,300,000,000, and WHEREAS, it is estimated that taxes accruing to the State of California from sales occasioned or stimulated by the proposed Fair would exceed $30,000,000 and increased taxes would also accrue, in some degree, to all of the cities in the area of influence of the proposed World's Fair, and WHEREAS, such an international attraction would provide construction and numerous jobs at a time when there is increasing unemployment in certain facets of Southern California's economy, particularly defense industries and residential construction, and WHEREAS, such an international exposition would be the first ever held in the great metropolitan area and would constitute a great attraction as well as an educational opportunity for the citizens of our city, county and state, and WHEREAS, the endorsement of the proposed World's Fair as a special exposition on Transportation and Communications by the Bureau of International Expositions, an international organization of thirty one nations, should result in the participation in the proposed Fair by many nations of the world and have a favorable effect on international relations and good will among the peoples of the world, N014 THEREFORE, BE IT RESOLVED AS FOLLOWS: Section 1. That the City Council of the City of Rosemead enthusiastic-' aTlly endorses the concept of a World's Fair to be held in Los Angeles in April of 1968 and assures the City of Los Angeles of its cooperation with respect to all matters relating to said Fair which would fall within the jurisdiction and cognizance of the City of Rosemead. Section 2. That a copy of this resolution be duly certifieU-Fy -the City Clerk and forwarded to the Mayor and City Council of the City of Los Angeles. PASSED, APPROVED AND ADOPTED this 26th day of January, 1965. MAYOR OF THE T R EAD ATTEST: