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HomeMy WebLinkAboutResolution No. 01-29 ORIGINAL CITY OF THE COLONY, TEXAS RESOLUTION NO. <9/- /0,_ 0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE COLONY SUPPORTING PROPOSITION//15 ON THE NOVEMBER 6, 2001 CONSTITUTIONAL AMENDMENT ELECTION CREATING THE TEXAS MOBILITY FUND AND AUTHORIZING GRANTS AND LOANS OF MONEY AND ISSUANCE OF OBLIGATIONS FOR FINANCING OF MOBILITY PROJECTS THROUGHOUT THE STATE WHEREAS, The City Council of the City of The Colony is concerned about the lack of sufficient funding for mobility projects within the region and entire State; and WHEREAS, we continue to participate with transportation advocacy groups within the region to gain support for a number of projects, several of which are backlogged or have no designated construction date due to a lack of funding; and WHEREAS, we support increased funding to accelerate project development and completion of major mobility improvements, recognizing the continued economic viability and quality of life is at stake; and WHEREAS, we recognize additional resources must be developed to adequately fund projects throughout Texas; and WHEREAS, the mobility and safety needs of urban and rural areas in Texas require a major investment, the level of which may be reached by issuance of bonds to move mobility projects to the forefront and greater participation by TxDOT in toll road development; NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. Proposition #15 on the November 6, 2001 Constitutional Amendment Ballot, A Constitutional Amendment, 'creating the Texas Mobility Fund and authorizing grants and loans of money and issuance of obligations for financing the construction, reconstruction, acquisition, operation, and expansion of state highways, turnpikes, toll roads, toll bridges, and other mobility projects,' is hereby endorsed for passage. Texas Mobility Fund 1 Resolution 10-2001 Section 2. This recommendation shall be communicated to all members of the community; the media, the Texas Legislative Delegation and other appointed and elected officials for consideration and encouragement to support Proposition #15 to 'Keep Texas Moving. ' PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, TO BE EFFECTIVE this 15h day of October 2001. ATTEST: Patti A. Hicks, TRMC City Secretary APPROVED AS TO FORM: omey //~ '~ Texas Mobility Fund 2 Resolution 10-2001