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HomeMy WebLinkAbout8826CITY RESOLUTION NO. 8826 COUNTY RESOLUTION NO. 99 -328 A JOINT RESOLUTION ENDORSING THE PASSAGE OF REFERENDUM A ON THE 1999 STATE BALLOT RELATING TO TRANSPORTATION REVENUE ANTICIPATION NOTES (TRANS) AND ENCOURAGING OTHER FUNDING MECHANISMS FOR STATE HIGHWAY IMPROVEMENTS WHEREAS, Governor Owens has proposed and the Colorado State Legislature has adopted appropriate legislation to place the Transportation Revenue Anticipation Notes (TRANS) on the November 1999 statewide ballot; and WHEREAS, in consideration of this proposal, the Colorado State Legislature has concluded that inflation cost savings by accelerating the completion of these projects would more than offset the cost of such financing; and WHEREAS, the City Council of the City of Pueblo (the "City Council ") and the Board of County Commissioners of the County of Pueblo (the "County Board ") recognizes the need for additional State and Federal funding to accelerate the completion of the Colorado's statewide 28 Strategic Corridor Projects and other statewide region transportation priorities; and WHEREAS, the City Council and the County Board are dedicated to working cooperatively together with the Governor and the Colorado Department of Transportation to encourage and develop additional funding mechanisms and approaches to complete the Strategic Corridor Projects and further needed Pueblo and statewide transportation system needs; and WHEREAS, the City Council and the County Board recognizes that the accelerated completion of all Statewide Strategic Corridors will benefit the citizens of Pueblo and the populace of the State through reduced statewide travel time and less congestion; and WHEREAS, the City Council and the County Board recognizes that the State's Strategic Corridor Projects in Pueblo, I- 25/US50/SH47 interchange, was adopted by the Colorado Transportation Commission as the 5 highest priority of the statewide Strategic Corridor Program; and WHEREAS, the City Council and the County Board recognizes that Pueblo I- 25/US50/SH47 project is already near completion and has been accelerated by the Colorado Transportation Commission and the Colorado Department of Transportation with or without the passage of Referendum A; and WHEREAS, Referendum A will be only one of several funding mechanisms for meeting Colorado's highway and other regional priority transportation needs; and WHEREAS, the Governor is committed to, and the State Legislature should continue to, identify additional revenue sources for increased highway and transportation funding to accelerate the completion of the rest of the regional and statewide transportation system needs; and WHEREAS, any new revenue sources the State develops should include a proportional sharing with the 60 -22 -18 (State, County, and City percentages) formula, for increased funding of highway and transportation programs in local areas; and WHEREAS, the City Council and the County Board requests the continuance of the Small Urban Area program after Fiscal Year 2004. NOW, THERFORE BE IT JOINTLY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PUEBLO AND THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF PUEBLO that: Section 1 The City Council of the City of Pueblo and the Board of County Commissioners of the County of Pueblo hereby jointly endorse Referendum A, the use of Transportation Revenue Anticipation Notes (TRANS) to accelerate the completion of high priority State highway projects. Section 2 The City Council of the City of Pueblo and the Board of County Commissioners of the County of Pueblo call on the Governor and the State Legislature to provide additional State Revenues, for both State and local highway and other transportation projects. Section 3 The City Council of the City of Pueblo and the Board of County Commissioners of the County of Pueblo request the continuance of the Small Urban Area program after Fiscal Year 2004. Section 4 Copies of this Resolution shall be sent to Governor Owens and the Colorado State Legislature. Section 5 This Resolution shall become effective immediately. BOARD OF COUNTY CONMSSIONERS OF PUEBLO COUNTY, COLORADO INTRODUCED October 14, 1999 ATTEST: County and Recorder CITY COUNCIL OF THE CITY OF PUEBLO, COLORADO INTRODUCED October 12, 1999 BY: Cathy Garcia Councilperson kAPRD: orinne Koehler, President Pueblo City Council ATTEST: