HomeMy WebLinkAbout10-25-01-8.8a - Resolution - 10/25/2001RESOLUTION No. 10-25-20018.8-a
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION,
TEXAS, SUPPORTING PROPOSITION 2.
WHEREAS, Proposition 2 of the November 6, 2001, ballot would allow the issuance of
bonds for the building of roads in border colonias; and
WHEREAS, these roads would provide access for emergency medical service, school
buses, mail, and other basic and necessary access; and
WHEREAS, through the issuance of bonds, these critical roadways can be built without
an increase in taxes; and
WHEREAS, since the rate of inflation for road building cost is higher than the current
interest rate on bonds, building the roads with funds from bonds will cost
less than waiting to build the roads using the "pay as you go" method,
such that the Proposition 2 constitutional amendment would allow roads to
be built in the most fiscally conservative manner; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE
STATION, TEXAS:
1. The City Council of the City of College Station hereby endorses, supports
and encourages the passage of Proposition 2 and encourages all Texas
voters to cast their votes in favor of this much -needed proposition.
2. That this resolution shall take effect immediately from and after its
passage.
ADOPTED this 25th day of October, A.D. 2001.
ATTEST:
dlY:VuLe.
APPROVED:
CONNIE HOOKS, City Secretary L McILHANEY, M y-r
APPROVED:
City Attorne