Title

FINANCING OF OFF-STREET PARKING

Proposition Summary

Senate Constitutional Amendment No. 33. Adds Section 18 ¼ to Article XI of Constitution. Authorizes cities or other public bodies to pledge parking meter income as security for the payment of revenue bonds issued to finance construction or acquisition of public parking lots, garages, or other automotive parking facilities.

Proposition Number

3

Year

1950

Document Type

Proposition

Pass/Fail

Pass

Popular Vote Results

Y:1515124; A:67.7; N:723882; B:32.3

Election Type

Special Election

Proposition Type

Senate Constitutional Amendment

For Author

Chris N. Jesperson, State Senator, San Luis Obispo Cove

Recommended Citation

FINANCING OF OFF-STREET PARKING California Proposition 3 (1950).
https://repository.uclawsf.edu/ca_ballot_props/509