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HomeMy WebLinkAbout2005-090-08/16/2005-EXPRESSING CITY COUNCIL SUPPORT FOR REFERENDA C AND D, 'THE COLORADO ECONOMIC RECOVERY PLAN' RESOLUTION 2005-090 OF THE COUNCIL OF THE CITY OF FORT COLLINS EXI RESSING CITY COUNCIL SUPPORT FOR REFERENDA C AND D, "THE COLORADO ECONOMIC RECOVERY PLAN." WHE EAS, Fort Collins voters have the opportunity in November to advance the quality of life and economic health of Colorado by voting in support of State Referenda C and D, known together as the Colorado Economic Recovery Plan; and WHEREAS, Referendum C permits the state to retain excess revenues for five years and eliminates the `ratchet"effect of TABOR following economic downturns,without revising TABOR or raising taxrates; and WHEREAS, Referenda C and D utilize the opportunity afforded voters by TABOR for the state to retain excess revenue in order to provide services in the same manner as Fort Collins voters have previously authorized for their City government. WHE AS,state funding of higher education,transportation and many other state services has been severely cut in the recent recession,and state spending cannot be restored to pre-recession levels without voter approval to benefit from the increase in state revenues; and WHEREAS,the City of Fort Collins is home to Colorado State University and Front Range Community College, both institutions of higher education that face significant additional cuts in state funding i Referendum C is not passed; and WHEREAS, both institutions contribute significantly to the Fort Collins economy through direct employment, job creation in our community, job training for youth and adults, lifelong learning opportunities, business supportive research, and citizen access to libraries, cultural and athletic events and WHEREAS, Colorado State University and Front Range Community College will benefit from capital maintenance projects to be funded if Referendum D is passed; and WHEREAS, the major transportation corridor linking Fort Collins with both Denver and Denver International Airport will benefit from improvements to be constructed if Referendum D is passed: and WHEREAS,Referendum D would accelerate construction and other capital expenditures for transportation,education facilities,and police and fire retirement plans through the issuance of voter approved bonds; and NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as llows: Sectio 1. That the Council supports adequate state funding for Colorado State University, Front Range Community College and the statewide system of public higher education. Section 2. That the Council also supports improvements to Colorado's transportation infrastructure. Section 3. That, for the foregoing reasons, the Council strongly supports the passage of Referenda C and D, and urges the registered electors of the city to vote in favor of Referenda C and D on the November 1, 2005 election ballot. Passed and adopted at a regular meeting of the City Council held this 16th day of August , A.D. 2005 Mayo ATTEST: City Clerk