July 1, 1982

17 EXECUTIVE RESOLUTION /1104
UNIVERSITY OF COLORADO
STUDENT UNION

Sponsored By:

The Executives: Tad Miller
Rich Ling
Authored By:
Bob McMillan
A RESOLUTION

WHEREAS:

Twenty-seven percent of Boulder is student
populated, many of whom are renter; and,

WHEREAS:

Each student-as-renter places in good faith a damage
deposit with the landlord as security; and,

WHEREAS:

It is a valid assumption that such monies are either bearing
interest or are invested to the profit of the landlord but
not the tenant.

THEREFORE, BE IT RESOLVED by the Executive Council of the University of
Colorado Student Union, THAT:
SECTION 1:

This representative body supports legislation to guarantee
payment of "interest-on-deposits."

SECTION 2:

We encourage the City of Boulder to adopt a policy which will
reflect the needs and rights of the renter population.
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