2004/09/14 City Council Resolution (9)RESOLUTION NO. 2004 - 223
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK
PROCLAIMING
SEPTEMBER 27 through OCTOBER 1, 2004 as
DOLLAR WISE WEEK IN THE CITY OF ROHNERT PARK
HE UNITED STATES CONFERENCE OF MAYORS COUNCIL FOR THE NEW AMERICAN CITY RECOGNIZES THAT
ITERACY IS A NATIONAL PROBLEM THAT NEEDS TO BE ADDRESSED AND THUS ESTABLISHED THE 2004
_" CAMPAIGN TO EDUCATE CITIZENS ABOUT FINANCIAL LITERACY; AND
THE UNITED STATES CONGRESS HAS ESTABLISHED THE FINANCIAL LITERACY AND EDUCATION COMMISSION
THE FINANCIAL LITERACY AND EDUCATION OF CITIZENS THROUGH THE DEVELOPMENT OF A NATIONAL
J PROMOTE FINANCIAL LITERACY EDUCATION; AND
real, OVER 1.5 MILLION FAMILIES AND INDIVIDUALS FILED FOR BANKRUPTCY IN 2002; AND THE LEVEL OF PERSONAL
RUPTCY FILINGS IN THE NATION INCREASED OVER 535% BETWEEN 1980 AND 2002, AND VARIOUS STATES HAVE
21ENCED:INCREASED BANKRUPTCIES THAT ARE 2 AND 3 TIMES THE NATIONAL INCREASE; AND
real, EDUCATION PROVIDES THE SKILLS NECESSARY TO SUCCEED AND EMPOWERS CITIZENS TO TAKE CHARGE OF
FINANCIAL FUTURES TO SECURE THEIR OWN WELL BEING AND THAT OF THEIR FAMILIES; AND
SAVINGS GIVE FAMILIES FINANCIAL STABILITY, AND TEACHING CHILDREN HOW TO SAVE AT A YOUNG AGE CAN
BECOME FINANCIALLY RESPONSIBLE ADULTS; AND
RD DEBT HAS TRIPLED BETWEEN 1990 AND 2000 TO OVER $690 BILLION, AND IS CURRENTLY
ON DOLLARS, AND ONE -THIRD OF CONSUMERS CARRY THEIR BALANCES OVER FROM MONTH TO
D FINANCIAL DISTRESS; AND AS LONG AS CREDIT IS READILY AVAILABLE AND CREDIT EDUCATION IS
WILL CONTINUE TO COMPOUND; AND
' Resolved BY THE CITY COUNCIL OF THE CITY OF ROHNERT PARK THAT IT PROCLAIMS THE
THROUGH OCTOBER 1, 2004 AS DOLLAR WISE WEEK IN ROHNERT PARK AND URGES ALL
'Y TO EVALUATE THEIR FINANCES AND SEEK FINANCIAL EDUCATION IF NEEDED.
FLORES: AYE MACKENZIE: AYE SPRADLIN: AYE
VIDAK- MARTINEZ: AYE NORDIN- AYE
AYES: (5) NOES: (Q) ABSENT: (Q) ABSTAIN: (Q)