HomeMy WebLinkAbout05-14-87-15 - Resolution - 05/14/1987 " , RESOL'UTION 05-14-87-15
~--~-~ WHEREAS, the seriousness of the state of the economy
~:~ resuires that innovative measures be undertaken to
~ create new economic activity and new lobs, a ,
~"~-- WHEREAS, the otate of Texas f~ces growing concern relatzve to
. " the aging infrastructure ~n~lf~t~
~~ ~~O~i~Yl~r~ti~n; and~ P
'Il . .
:?~ WHEREAS, Lt. Governor Hobby has announced a $1.1 bzllzon "BUILD~
~ TEXAS" plan initiated to finance public projects,
~ provide jobs and boost the sagging economy; and,
'"'?' ~ WHEREAS, the "BUILD TEXAS" program depends upon legislation
~ ~. proposed to authorize $300 million in general obliga-
~i tion bonds for the construction of prisons, youth
correction facilities, and mental health/mental retar-
· " dation facilities; $400 million in general obligation
bonds for water projects, including water supply,
water quality and flood control; and, $400 million in
., general obligation bonds for public facility loans and
grants to local governments; and
WHEREAS,
WHEREAS,
in order that "BUILD TEXAS" projects become a reality,
the State Legislature must adopt S.J.R. 54, S.J.R. 55,
S.J.R. 56, H.B. 4, n.B. 1406, and S.B. 1407; also, the
voters must accept a constitutional amendment to be
voted on November 3, 1987; and,
the benefits to be derived from the "BUILD TEXAS" pro-
gram for municipalities will include the availability
of additional funds for jails, parks, airports, libra-
ries, convention centers, and other public buildings;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COLLEGE STATION, TEXAS, THAT the city recognizes the value
endorses the concept and objectives of the "BUILD TEXAS" program
supports the adoption of the enabling legislation, and
all citizens to consider the benefits and to approve the three
components of the program when presented at the polls in
November 1987.
PASSED AND APPROVED this the 14th day May , 1987.
ATTEST:
APPROVED: .~ ~
.an Jon~ Secretary
06202